A lot has changed in the three years since TransCanada first proposed converting an aging and accident-prone natural gas pipeline to carry tar sands crude through North Bay to an export terminal in New Brunswick.
Maude Barlow's blog
In a recent editorial, the Globe and Mail endorsed proposed changes to the Canada-Europe Comprehensive Economic and Trade Agreement (CETA), namely to the investment-state dispute settlement provisions that allow foreign corporations to sue governments over regulatory changes that affect their profits.
TransCanada is demonstrating beautifully why there is so much opposition against trade agreements such as CETA (Canada-European Union Comprehensive Economic and Trade Agreement) and the TPP (Trans-Pacific Partnership). The Calgary-based company recently filed a US$15 billion NAFTA challenge after U.S. President Barack Obama's rejected the pipeline.
The challenge is stark. Peri-urban slums ring most of the developing world’s megacities where climate and food refugees are arriving in relentless numbers. Unable to access their traditional sources of water because they have been poisoned, overexploited or priced beyond reach, many must pay exorbitant prices to local water dealers or rely on drinking water contaminated with their own waste.
As world leaders meet in Paris this weekend, the recent terrorist shootings in the city will still be on the minds of most delegates. Yet it will have to take second place to another kind of crisis: climate change. The impact of extreme weather, droughts, floods, and rising temperatures on our ecosystems, our economies, and our communities must be halted before it gets worse—much worse.
Dear Prime Minister Trudeau, Congratulations on your win and the historic outcome of the October 19 federal election. I was extremely pleased to see voter turnout increase so dramatically and for Canadians to choose so clearly a more hopeful and caring future while rejecting the Harper agenda.
There is a great deal of opposition to ISDS in TTIP; so much so, that many think either ISDS will have to come out of the deal or be radically modified, or it will be defeated in Europe. Already, the European Commission has proposed ISDS ‘reforms’ to TTIP that would set up a new European Investment Court that would be more transparent and accountable, although still unacceptable to most of us.
There's been a big fuss about the 'ISDS' clauses in the TTIP trade deal that would allow US corporations to sue the EU and its member states for 'lost profits', writes Maude Barlow. But ISDS is already in CETA, the already negotiated EU-Canada trade deal - and nothing would be easier than for US companies to use it as their 'back door'. We must make sure CETA is rejected at its final hurdle.
NAFTA, the free trade deal between Canada, the USA and Mexico that came into effect in 1994, was the first trade deal among developed countries to include an investor-state provision. It grants investors of the continent the right to sue one another’s governments without first pursuing legal action through the country’s legal system. Before NAFTA, ISDS provisions were only negotiated between developed and undeveloped countries.