There is controversy over so-called “Investor-State Dispute Settlement” provisions in CETA. These provisions provide for ways a company from here, if it sets up shop over there, to seek legal redress if the Government of Over There changes its laws in a way that hurts our company’s competitive situation. Sauce for the gander: they give the same rights to companies from over there that want to do business here.
I don’t need to speculate how people would react to all this. Many obviously don’t like it. Already four years ago, 50 municipalities across Canada had passed resolutions asking to be exempted from CETA.
This could mean trouble for the Trudeau government on another front. Next week Finance Minister Bill Morneau will announce plans to attract private investment in federal infrastructure projects. The goal is to multiply each federal dollar by four or five, using money from, mostly, pension funds.
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