What is all this chatter about personal property will be threatened? Haven t had time to read it all but heard lots of talk about this on radio that the USA out negotiated everyone?
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Interesting on tpp advertising on capital hill in Washington - it reads "trans pacific partnership,Made in America"
Sounds like less of a trade deal and very much more of corp America telling the rest of us ,what we can and cannot do (or risk litigation )
Over 6000 pages,pretty sure Brad Wall hasn't read much of it ,but is encouraging Ottawa to push ahead with it
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I can't believe some of the things said are true.
It is claimed that a foreign company operating in canada has the right to be exempt or challenge a canadian law if that law is shown to reduce that companies profits? So we re going to move the sweat shops from some of these countries to canada and cover those workers with health care and welfare that making nothing for a wage and contributing nothing except profits for foreign owned companies? Honestly that can't be true or is it?
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Chapter 11 of nafta said the same ,as far as co's ability to sue a sovereign country if it feels that country is infringing on its profit-making.
Since the 1988 agreement there has been a 'regulatory chill' Where any new regulation was frowned upon for fear of lawsuits
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Well the reality is that the rest of the world (ROW) need to export more stuff to the only country that could potentially buy it: the USA. That is the ROW including Canuckistan are all third world countries that have no domestic market but need to export. So the USA dictates the terms. Recent article in Financial Post spells it out that oil as economic engine is sputtering and there nothing on the horizon to replace it. Bottom line is Canuckistan is doomed.
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Yeah riders as mustard says the right to sue a Government if it's policies can reduce corporate profit has been in every trade agreement since NAFTA.
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