*canada

Adding video to channels (Canada) - requested by ant.

*promote

Promoting this video and sending it back into the queue for one more try; last queued Thursday, April 27th, 2017 5:16am PDT - promote requested by eric3579.

When they talk about $1.7 trillion of economic loss per year, I think they mean 10% of U.S. GDP, not 1%.

At current levels, yes, but I wonder if they were projecting forward to 2100.

It's not unreasonable to expect that US GDP would be 10 times bigger in 2100. That would only require an average growth rate of >3% per annum (historically, GDP Growth Rate in the United States averaged 3.21 percent from 1947 until 2017)

Comment hidden because you are ignoring dag.(show it anyway)

Seems like Canada might actually be in the wrong on this one - IMHO.

Seems like Canada needs to charge vessels say for 15 years until they generate enough cash to build an infrastructure of safety ... Additionally the ice will lesson and a natural balance will occur to officially call this international waters.