Wednesday 17 September 2014

Canada-China investment treaty (FIPA)

5 things to know about the Canada-China investment treaty

Canada-China investment treaty to come into force Oct. 1
Conservatives ratify foreign investment treaty more than 2 years after signing deal

Tory backbenchers troubled by Canada-China trade deal, NDP critic says


Find out what is a FIPA?

New Treaty Allows China to Sue Canada to Change its Laws

Canada ratifies investment deal with China
Canada is set to ratify the contentious Foreign Investment Protection Agreement, known as FIPA.


Chinese investors will have the right to challenge our laws with no recourse to Canadian courts

The government can keep lawsuits secret

There was no public consultation, no debate, no legislation

Canada will be bound by the treaty for 31 years

Some say it’s a better deal for China than for Canada

Minority shareholders will be able to sue

There’s a legal challenge to the deal in the courts right now


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