I'm wondering if others are aware of these so-called secret negotiations between Canada and the Us regarding the 19th largest state in the US. It seems that North Dakota will soon become the 11th Canadian Province. It'll be the first US state ever sold to another country.
I read this bit of information on Cats With Thumbs, where the author described it as Canada's victory over the US.
At the same time, North Dakota is experiencing a surge in crude oil from great reservoirs during a time when oil prices are high and in great demand. It would suggest that North Dakota will soon have more jobs, an increase in population, and more money than you can shake a stick at.(1)
But an anonymous US State Department official was quoted saying "North Dakota has been sucking the life out of the Treasury ... if those crazy Canucks want 'em, I hope we can get the deal signed and run before they realize what they bought."
What Canada is purchasing is land with furious oil activity and a population of senior citizens who are anxious to partake in the Canadian health care system. What does it mean for the US economy? It doesn't look like a fair exchange to me.