Canadian Firms Use Trade Deals To ‘Bully’ Countries On Environmental Policies: Report - News Summed Up

Canadian Firms Use Trade Deals To ‘Bully’ Countries On Environmental Policies: Report


Watch: America's "deep political divide" could spell trouble for the new North American free trade deal. In nearly a quarter of those cases, Canadian companies challenged environmental protections, and in nearly 44 per cent of cases they challenged resource management policies. Canadian companies have extracted $5.9 billion from governments through these trade deal claims, and another $6 billion is at stake in ongoing cases, the report found. ISDS is widely and increasingly being used by Canadian firms to bully developing countries acting in the public interest. There's only been one case of a foreign investor outside NAFTA who has used ISDS."


Source: Huffington Post April 30, 2019 19:52 UTC



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