Andrew Nikiforuk
“The new (Canada-China Foreign Investment Promotion and Protection Act) will not only support more foreign takeovers of Canada’s natural resources, but pave the way for (the China National Offshore Oil Corporation’s) dramatic $15-billion purchase of Nexen. …It’s the most significant trade deal since NAFTA, but you won’t read much about it in the national press. …Both the trade deal and Nexen sell-off prove that no one betrays Canadian interests better than a right-wing prime minister beholden to the interests of Big Oil and the myths of free trade. …Appallingly, the treaty would give Sinopec, one of the big Chinese backers of the Northern Gateway pipeline, the right to sue the government of British Columbia if it blocks the project. …Barring a revolt within Harper’s own party, the trade deal automatically becomes law on Nov. 1.” – Andrew Nikiforuk
To read his full commentary, please go to http://thetyee.ca/Opinion/2012/10/11/Chairman-Harper/. For Council of Canadians analysis on the Canada-China Foreign Investment Promotion and Protection Act, please see http://canadians.org/blog/?p=17099, http://canadians.org/blog/?p=16860 and http://canadians.org/media/trade/2012/27-Sep-12.html.
