I don't understand the rationale behind the rejection, unless we're simply doing it out of principle.
It's not a strategically critical area. It won't make or break us, nor France - but it's important to St-Pierre. They're the ones with the historic connection to the territory, the ones who have used it most for fishing, etc. They're the ones who live there. The same logic by which we won our boundary dispute with Canada in Labrador is not being applied here.
Even if it's full of oil and fish - so what? So is everywhere else off our coast. We have enough.
Imagine the mess if we hadn't joined Canada in 1949. There'd be three countries trying to settle a border around St-Pierre.
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Note to self: "The plural of anecdote is not evidence."
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