“The Harper government agreed to the text of the Trans-Pacific Partnership, a trade deal with 12 countries including the U.S., Canada and Japan, shortly before the federal election on Oct. 19. Yet the TPP text was not made public until after the election.
Before it can enter into force, the TPP must be signed and then ratified by member countries. Therefore, the Trudeau government has options to push for renegotiation or to decline either to sign or to ratify the deal on Canada’s behalf.
In this article, I offer seven reasons why the TPP’s provisions on foreign investor protection — mostly found in its chapters on investment and financial services — should be rejected. These provisions reveal how the deal carries unacceptable risks for voters and taxpayers in TPP countries, while giving unjustified benefits to big multinationals and the super-wealthy.”
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