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Could Canada join the European Union?
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I don't know if full membership is reasonable. Full membership would mean complying with all EU standards, those standards include electrical standards, and Canadian and European electrical standards are completely different. They run on 240V at 50Hz and Canada runs on 120V at 60Hz.
But, a closer alignment would be a great idea. Make it easier for workers to move between the EU and Canada. Harmonize some laws (for example, bring EU privacy and data protection laws to Canada). Require Canada to have more efficient vehicles and appliances.
Surely those standards are occasionally amended to include historic exceptions.