Main menu:

History of RPE Thought

Posts by Tag

RSS New from the CCPA

  • Ontario's middle and working class families are losing ground August 15, 2017
    Ontario is becoming more polarized as middle and working class families see their share of the income pie shrinking while upper middle and rich families take home even more. New research from CCPA-Ontario Senior Economist Sheila Block reveals a staggering divide between two labour markets in the province: the top half of families continue to pile […]
    Canadian Centre for Policy Alternatives
  • Join us in October for the CCPA-BC fundraising gala, featuring Senator Murray Sinclair August 14, 2017
    We are incredibly honoured to announce that Senator Murray Sinclair will address our 2017 Annual Gala as keynote speaker, on Thursday, October 19 in Vancouver. Tickets are now on sale. Will you join us? Senator Sinclair has served as chair of the Truth and Reconciliation Commission (TRC), was the first Indigenous judge appointed in Manitoba, […]
    Canadian Centre for Policy Alternatives
  • How to make NAFTA sustainable, equitable July 19, 2017
    Global Affairs Canada is consulting Canadians on their priorities for, and concerns about, the planned renegotiation of the North American Free Trade Agreement (NAFTA). In CCPA’s submission to this process, Scott Sinclair, Stuart Trew and Hadrian Mertins-Kirkwood point out how NAFTA has failed to live up to its promise with respect to job and productivity […]
    Canadian Centre for Policy Alternatives
  • What’s next for BC? July 4, 2017
    Five weeks ago the CCPA-BC began a letter to our supporters with this statement: “What an interesting and exciting moment in BC politics! For a bunch of policy nerds like us at the CCPA, it doesn’t get much better than this.” At the time, we were writing about the just-announced agreement between the BC NDP […]
    Canadian Centre for Policy Alternatives
  • Could skyrocketing private sector debt spell economic crisis? June 21, 2017
    Our latest report finds that Canada is racking up private sector debt faster than any other advanced economy in the world, putting the country at risk of serious economic consequences. The report, Addicted to Debt, reveals that Canada has added $1 trillion in private sector debt over the past five years, with the corporate sector […]
    Canadian Centre for Policy Alternatives
Progressive Bloggers

Meta

Recent Blog Posts

Posts by Author

Recent Blog Comments

The Progressive Economics Forum

Corporate rights masquerading as trade (again)

Anti-democratic investor rights deals are in the news again, thanks partly to a Communications Workers of America & Trade Justice Network event that brought Nobel prize winning economist Joseph Stiglitz to Canada. Professor Stiglitz pronounced the Trans-Pacific Partnership the “worst trade deal ever”, adding that provisions allowing multi-nationals to sue governments are particularly toxic.

Professor Gus van Harten pointed out that enacting the CETA and the TPP would dramatically increase the number of corporations that are allowed to sue Canadian governments. Canada is already the most sued nation under various investor state dispute settlement mechanisms. Under NAFTA, Canada has settled 4 investor claims for a cost of $150 million, lost 3 cases for a cost of about $48 million, and 7 cases are still ongoing as of 2015.  The problem with corporations suing governments is not only the cost, but the regulatory chill.

And Pia Eberhardt told us that the changes to CETA’s investor state dispute settlement mechanism didn’t fix the basic problems, calling it the zombie ISDS. She said that Canada’s experience with NAFTA was a big part of the reason Europeans were so mobilized against including similar mechanisms in their own deals.

The Broadbent Summit also hosted a panel on “The Free Trade Charade”, where Michael Geist, Ianik Marcil, Pia Eberhardt, and I explained why there was very little benefit to joining the TPP, but lots of risks.

The other reason that trade deals are in the news is because the House of Commons Standing Committee on International Trade wants to hear your views on the TPP. You are encouraged to send them a 1,500 word brief on how the TPP will impact you and your community at ciit-tpp-ptp@parl.gc.ca no later than April 30, 2016.

P.S. If you missed the Making Sense of the TPP event held at the University of Ottawa on April 1, the video is is available at: https://www.policyalternatives.ca/newsroom/updates/what%E2%80%99s-big-deal-understanding-trans-pacific-partnership.

It includes the keynote address by Nobel-prize winning economist Joseph Stiglitz.

The morning panel included:

  • Gus Van Harten, Associate Professor – Osgoode Hall Law School – Who has benefited financially from special privileges in the TPP for foreign investors in ISDS?
  • Meghan Sali, Digital Rights Specialist, Open Media – IP, copyright and Canada’s digital future
  • Scott Sinclair, Senior Researcher, Canadian Centre for Policy Alternatives Trade and Investment Project – Democratic deficit: the TPP’s questionable legitimacy

The afternoon panel included:

  • Professor Ron Labonte, Canada Research Chair Globalization and Health Equity and Ashley Schram The TPP and health. Few gains, some losses and many risks
  • Jeronim Capaldo, Research Fellow Global Development and the Environment, Tufts University “Unemployment, Inequality and other Risks in the TPP”
  • Steven Shrybman, Goldblatt Partners “Does the TPP really advance labour rights?”
  • Pia Eberhardt, Researcher and Campaigner, Corporate Europe Observatory “Why are Europeans concerned about TPP’s little brother, the CETA?”

This event was hosted by the Trade Justice Network, CWA/SCA Canada, and the University of Ottawa’s School of Epidemiology, Public Health and Preventive Medicine, and The School of International Development Studies.

Enjoy and share:

Write a comment





Related articles