Council of Canadians St. John's chapter activist Ken Kavanagh says the so-called 'investment protection' provisions found in the Canada-European Union Comprehensive Economic and Trade Agreement (CETA) are dangerous.
VOCM reports, "An Atlantic Representative with the Council of Canadians says CETA threatens local municipalities in the province. Ken Kavanagh says the investor-state rules within the agreement move things in the wrong direction. He says it's still the major issue with CETA because it gives corporations the right to sue not only the federal government, but provincial and municipal governments as well. Corporations would be able to sue governments if local regulations interfered with a company's business prospects, and many see this as a shift in power from the legal systems of government to corporations."