The adoption of the amero is widely being touted as part of a larger plan to unify Canada, Mexico and the United States. But part and parcel of that unification is the likelihood that immigration between the three countries will become much easier, at least for professionals. Will adoption of the amero solve America’s illegal immigration woes, or further accelerate Canada’s brain drain?

The amero got a big boost on October 11th when former Mexican president Vicente Fox revealed to CNN’s Larry King that the amero is “on it’s way.” Fox said the unified North American currency was a “long term plan,” and said that plans for tighter trade between different regions of North and South America had been going well until Venezuelan president Hugo Chavez came to power. According to Fox, Chavez has tried to continuously “combat the idea and destroy the idea.”

Maude Barlow heads the Council of Canadians, a left wing think tank. The CAC is opposed to the amero, as put forth in Barlow’s book “Too Close for Comfort.” Barlow contends that this new economic order won’t benefit anyone but the elite. Of course, the Council of Canadians and the Fraser Institute, who came up with the idea for the amero in the first place, have long locked horns over policy.

Plans are in the works between Mexico, Canada and the United States for a North American Security Plan, ostensibly for better protection against terrorism and other threats. But some are worried that this plan, along with the amero and other free trade initiatives, will end the sovereignty of Canada and Mexico. ProgressiveU.org writes that the amero, along with other steps to bring the countries closer together, will create a “North American Union” where the United States reigns supreme. Tin-foil hat ravings or cause for concern? You be the judge.

Canadian company Bankintroductions.com, which specializes in international banking cstrategies and currency consulting, is advising its clients that the amero could be the defacto North American currency within 10 years.

The amero would compete against other regional currency blocks,” they said. At present, with the Canadian dollar approaching par, more talk for an amero currency unit will become popular in Canada.”

Simply put, the Amero is a theoretical unified currency for North America. First proposed by Fraser Institute, on of Canada’s leading right-wing think tanks, the amero is modeled after the Euro, Europe’s currency introduced in 2000 to replace a mish-mash of local monies with one portable bank note. Canada, the United States and Mexico, who previously signed the North American Free Trade Agreement (NAFTA) and other agreements meant to facilitate free trade, would be the first countries to fall under the Amero umbrella, though some advocate making it the currency of all of the Americas.

With Canada’s dollar on par with the United States for the first time in decades, it’s possible that the ailing financial giant could make moves to accelerate adoption of the amero, a comprehensive North American currency. Such a move would get rid of exchange rates and would allow the various countries to take advantage of easier access to resources they all need.

Besides our work here ant amero.info, you might be interested in checking out www.amerocurrency.com, a pro-amero site with a large trove of reading material and analysis about the upcoming North American currency. And if you’d like to read the other side, read ViveleCanada.ca, a site that advocates Canadian sovereignty and is against the euro.