Why join into the EU, when the EU has very little understanding of what Canada is? If Canada joined the EU than the EU would dictate to Canada what they should and shouldn't do.... They'll listen to Environmental Extremists and their baseless emotional BS than to factual statistical evidence and ban this and ban that with Canada.... they would tell Canada how they should run the oil sands.
They'd most likely even open up the Maritimes for European fishing boats to suck dry what little resources are left on our side of the Atlantic like they did back in the 90's.... which helped a lot with almost wiping out the Cod because they already wiped out their own fish stocks from over fishing.
Instead of bickering with one country over trade (The US) Canada would have to bicker with a bunch of little countries whom would most likely stack votes in their favour to screw Canada over at almost every turn.... and being a member of the EU, Canada would have to abide by it all.
We'd be shipping most of our resources to the EU, oil, fresh water, etc. and have little input on the matter.
Being not a part of the EU means Canada can set deals and trades on its own terms and not by the terms of everybody else across the pond..... nor does Canada have to be bound by their demands.
Canada is a resource rich land... joining any union, be that the US, EU or whoever, would mean a quick sapping of those resources.... and what would they care? they won't have to suffer the consequences like Canadians would.... they wouldn't have to see their country stripped of almost everything. They'd just have to sit thee and have those resources dropped at their door.
And bailouts??
Get used to those.