Shark Tank Star Pushes EU-Like Deal With U.S. and Canada, despite Trump backing Brexit

Shark Tank star Kevin O'Leary realizes not everyone is a fan of President-elect Donald Trump's idea of making Canada the 51st state—so he proposed an "economic union" similar to the European Union. But that might be a hard sell for a president who once called himself "Mr. Brexit."

O'Leary appeared on Fox News Friday morning to discuss Trump's talk about absorbing Canada into the United States. O'Leary, who is Canadian, endorsed the plan, according to The Independent, calling it "something great."

"If you figured out a way to put these two countries together, it would be the most powerful country on earth. The most powerful military on earth, the most powerful resources and no adversary anywhere would mess with it. That’s the prize,” O'Leary said.

READ MORE: ‘Morality Police’: Fox News Hosts Freak Out After Canada Warns LGBTQ Travelers About Dangers of Visiting US

It's not clear if Trump is joking about annexing Canada. People initially thought he was joking about buying Greenland during his first term, but it's become clear that he is serious. On Thursday, Trump called for hockey legend Wayne Gretzky to lead Canada.

"I just left Wayne Gretzky, 'The Great One' as he is known in Ice Hockey circles. I said, 'Wayne, why don’t you run for Prime Minister of Canada, soon to be known as the Governor of Canada - You would win easily, you wouldn’t even have to campaign.' He had no interest, but I think the people of Canada should start a DRAFT WAYNE GRETZKY Movement. It would be so much fun to watch!" Trump wrote on Truth Social.

Earlier this month, he complained about "[subsidizing] Canada to the tune of over $100,000,000 a year" on Truth Social, and claimed "many Canadians want Canada to become the 51st State." Trump's claim, however, is not accurate. In her interview with O'Leary, Fox News host Aishah Hasnie cited a poll result that only 13% of Canadians want their country to become a new state.

O'Leary dismissed the poll and said that Canada didn't necessarily need to become one of the United States.

"You don’t have to sell or merge the country but create a union where you put together the things that matter: a common currency, a common passport, free-flowing trade across the border, particularly in energy,” O'Leary said.

What he's describing here is basically the European Union. Though the countries in the EU are independent, they share a currency—the euro—and citizens can travel freely throughout member countries. Trade is also open—but regulated by the EU, which attempts to balance individual countries' concerns.

It's this last bit that proved problematic for the Brexiteers in the United Kingdom. Countries in the EU have a principle called "primacy of European Union laws," meaning EU regulations trump local countries'. EU law, though, is primarily concerned with trade and product regulations. And that's one of the reasons Trump, in 2016, backed Brexit, even going as far as to call himself "Mr. Brexit."

“Come November, the American people will have the chance to re-declare their independence. Americans will have a chance to vote for trade, immigration and foreign policies that put our citizens first,” Trump said at the time, according to CNN. “They will have the chance to reject today’s rule by the global elite, and to embrace real change that delivers a government of, by and for the people.”

Would "Mr. Brexit" be on board for his own North American Union? It seems unlikely.