Let's get real: Americans have been the big winners in NAFTA

4 posts / 0 new
Last post
NorthReport
Let's get real: Americans have been the big winners in NAFTA

Hard to believe that, apart from the real extreme right-wingers, anyone in Canada would support this piece of shit that was given to Canada by none other than one of,  if not the worst Canadian Prime Minister. Yes Brian Mulroney is his name. 

WTF!!!

Let's get real: Americans have been the big winners under NAFTA

 

  • null

    It's a little pathetic watching Canadian politicians, journalists, and business people prostrating themselves in the face of Trump administration bullying.

    Ever since the U.S. declared that it wanted to reopen the North American Free Trade Agreement, some Canadian officials have been running around like scared mice.

    Hardly anyone in this country has stood up to declare that NAFTA has actually been a bad deal for Canada.

    The proof can be found in a Canadian Centre for Policy Alternatives report written in 2015 by Scott Sinclair.

    Sinclair examined 77 known investor-state dispute claims up until January 1, 2015.

    Under NAFTA's chapter 11, corporations can sue governments for anything that they deem to be unequal treatment.

    The most claims, 35, were filed against Canada. Mexico was next with 22, followed by America at 20.

    "Canada has paid out NAFTA damages totaling over $CAD172 million, while Mexico has paid damages of $US204 million," Sinclair reported. "The U.S. has yet to lose a NAFTA chapter 11 case."

    You read that correctly: America has not lost a single claim!

    A dozen of the claims filed against Canada dealt with rules concerning environmental protection. Another 10 concerned resource management.

    "Canada has been sued more times and faces more active claims than any other NAFTA party," Sinclair stated. "Indeed, according to the latest figures on ISDS claims from the United Nations Conference on Trade and Development (UNCTAD) Canada is now the most sued developed country in the world. This dubious distinction is entirely due to lawsuits under NAFTA chapter 11."

    Sinclair pointed out that NAFTA's chapter 11 has a "chilling effect" on governments planning new public policies or regulations.

    "The risk of investment treaty litigation and sanctions, even if uncertain, can deter governments from acting in the public interest or distort policy choices towards options that are more amenable to foreign commercial interests," he declared.

    This is problematic as various levels of government try to address climate change, Indigenous claims, and rising medical costs.

    Today, U.S. Trade Representative Robert Lighthizer is expected to provide details about the U.S. government's priorities for a renegotiated NAFTA.

    Canada's response, at the very least, should call for a radical overhaul of chapter 11. It's time to stop U.S. companies from holding a big stick over the heads of federal, provincial, and municipal governments who want to take action to address environmental challenges.

    The World Trade Organization doesn't give corporations the right to take governments to tribunals to enforce the General Agreement on Tariffs and Trade. It has to be a nation-versus-nation complaint.

    There's no reason why the same principle can't apply to trade disputes within North America. 

    It's time our federal government developed a backbone.

    http://www.straight.com/news/937566/lets-get-real-americans-have-been-bi...

     

    NDPP

    US Unlikely To Accept NAFTA Gender Chapter With Teeth...

    http://ift.tt/2wdnkzp

    "Canada will need to put significant effort into reassuring the US administration of President Donald Trump the gender chapter will not be enforceable."
     

    For Farmers and Working People, Cancelling NAFTA Could Be the Best Way Forward

    https://buff.ly/2hp4liQ

    "Are you listening Foreign Affairs Minister Chrystia Freeland?"

    Yes she is. To Washington, Larry Summers,  neo-liberal masters of the universe, and the Atlantic Council. NOT Canadians about to be rogered by yet another Investor Rights trade deal surrender.

    NDPP

    Walkom: NAFTA Deal To Reveal How Fair Canada & Mexico Surrendered

    https://t.co/6PDsgA1BFg

    "There are reports that an agreement-in-principle is near in the fraught negotiations over NAFTA. If so, we may finally get some idea of how much Canada and Mexico are willing to surrender..."

     

    Sean in Ottawa

    Ok -- let's get really real given the context of a trade war with China. The US and Europe over history have been the winners in that relationship as well. The disgusting historical exploitation and humiliation of China is all forgotten as people rush to attack economically a country that still has a low per capita GDP. These attacks are coming from the same countries that occupied its richest cities and poisoned its people.

    There is nothing about Trump's aggression that is fair within NAFTA but let's remember that his is part of a global economic aggression the US is bringing to many countries.

    Important sometimes to have context. If you think the Vikings plundered, you haven't seen what was done to China by the US, British, French, Germans, Japanese. And there never were reparations to address this.