Author Topic: NAFTA, FIPA - the ongoing sellout of Canada  (Read 1204 times)

Boom Boom

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NAFTA, FIPA - the ongoing sellout of Canada
« on: December 05, 2012, 10:09:07 AM »
David Suzuki: Are we trading away our rights and environment?

excerpt: 

Treaties, agreements and organizations to help settle disputes may be necessary, but they often favour the interests of business over citizens. With Canada set to sign a 31-year trade deal with China, a repressive and undemocratic country with state-owned corporations, we need to be cautious.
 
Should we sign agreements if they subject our workers to unfair competition from lower-paid employees from investor nations, hinder our ability to protect the environment or give foreign companies and governments excessive control over local policies and valuable resources? Under some agreements, basics like protecting the air, water and land we all need for survival can become difficult and expensive.
 
One recent case could put Canada on the hook for $250 million. Quebec has put a hold on fracking pending a study into the environmental impacts of blasting massive amounts of water, sand and chemicals into the ground to fracture rock and release gas deposits. A U.S. resource company plans to sue Canada under Chapter 11 of NAFTA, claiming compensation for the moratorium’s damage to its drilling interests. Similar disputes have already cost Canada millions of dollars.
 
Ontario also wants assurances that fracking is safe before it allows the practice. That province is facing costs and hurdles because of another conflict between trade and environment. Japan and the European Union filed a complaint with the WTO, claiming a requirement under the Ontario Green Energy Act that wind and solar projects must use a set percentage of local materials is unfair.
 
 
« Last Edit: December 05, 2012, 10:10:43 AM by Boom Boom »

Boom Boom

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Re: NAFTA, FIPA - the ongoing sellout of Canada
« Reply #1 on: December 05, 2012, 04:22:02 PM »
Yay for Mulcair!  :applause
 
From October 31st:  PM calls Mulcair extremist over threat to repeal China investment treaty
 
excerpt:
 
Mulcair said the NDP "has tried every technique" at its disposal to get more transparency and more debate on the treaty, without success. While the Harper government has every right to ratify the deal, he said an NDP government would be equally entitled to review it and, if necessary, withdraw from it.
 
Critics say the deal would give state-owned Chinese corporations new powers to influence Canadian policy on everything from investment and industrial development to environment, health and natural resources. They also say it could negatively impact on the jurisdictions of provinces, which weren't consulted.


 

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