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Canada insisted on investor protection in its trade deals. Now the mining industry is taking advantage.
Investor-state dispute settlement was tempered in the USMCA, but the government needs to justify why it persists asking for it in other agreements.
Canada made concessions because we need access to the American market far more than they need access to our 36-million consumers.
Ontario's policy decision is now Canada's problem.
Before using the threat of equalization payments as a "poke in the ribs" to provinces such as British Columbia and Quebec, perhaps the petroleum industry should rethink its own dependency on subsidies. It should be aware that it, too, is vulnerable to budgetary policy.
President Obama rejected Keystone XL because he was convinced it was not "in the best interest" of his country. Unhappy with this decision, TransCanada Pipelines chose to directly challenge the sovereignty of the government of the United States with this $15-billion lawsuit.
“We hope that this mechanism will break the provincial political interference.”
If Keystone XL were built, it would produce 110 million tons of carbon dioxide emissions every year, which is incompatible with effective U.S. action to cut climate pollution. Ultimately, the loser isn't the big bad Americans; it's our environment, and the right of governments to protect it for their citizens.
TransCanada’s decision to sue the Obama administration over the rejection of the Keystone XL pipeline has given new ammunition to opponents of free trade deals.
Commerce is a desirable economic activity, but it should never force us to renounce our fundamental values. Democracy and due process of law, based on humanistic values are way above the dollar sign. The legal basis of the lawsuit of Lone Pine are incompatible with the principles of a free democratic society.
