Jim Balsillie fears TPP could cost Canada billions

Tecumsehsbones

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Could you spell out exactly how this is a threat to democracy, tay? How will it violate the core principle of representative government or "one man, one vote?"

Or does this "trade policy expert" think courts are democratic?
 

taxslave

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Inside Mexico's 'ghost' unions


Margarita Avalos wasn’t even aware she had a union — until she and her fellow factory workers asked for the pay they were owed.

Suddenly, she says, a union appeared. And they proposed a solution: lock the troublemaking employees in a room without food or water until they agreed to take three months’ unpaid leave.

Last year, men and women like Avalos churned out billions of dollars worth of goods shipped to Canada, with almost 80 per cent destined for Ontario — a trade relationship that has ballooned by more than 700 per cent since the North American Free Trade Agreement was implemented in 1994.

That agreement pledges to “enhance and enforce basic workers’ rights.” And on paper, Mexican workers are beneficiaries of some of the continent’s strongest labour laws. In the gritty border city of Tijuana, most belong to a union.

They just don’t know it.

These are Mexico’s “ghost” unions, organizations that live in the shadows of Mexican industry. Their purpose, critics say, is not to fight for fair pay or enforce labour standards, but ensure they are ignored.

Like many, Avalos moved to Tijuana at 18 from central Mexico. The factories along the jagged, corrugated wall separating the city from its northern neighbour offered the promise of a better life for those with little education and few options.

Avalos says she often worked back-to-back eight-hour shifts to meet production quotas at a foreign-owned clothing factory. The wages, she says, barely made ends meet. The chemicals from the dyes, she says, made her skin peel and her nails turn black.

To stay awake and dull the pain of grinding manual labour, she says she and her colleagues mixed coffee grounds and aspirin into bottles of Coke.

“That was when I asked myself whether the factory was the beautiful place I thought it was,” she said.

As Mexico’s population has surged, so too has the country’s poverty. There are an estimated 14.3 million more Mexicans living in poverty than when NAFTA was first signed. It is now the most unequal country in the OECD, a grouping of 34 relatively high-income democracies.

As Ontario’s manufacturing sector struggles, Mexico’s is booming. It has become one of the cheapest places on the planet to make things — even cheaper than China, according to a 2013 Bank of America study. The country’s so-called maquiladora program, which thrives along the U.S.-Mexico border, lures foreign companies with the promise of duty-free manufacturing.

In many of those factories — producing everything from Barbies to big-screen TVs — the organizations meant to protect workers are little more than phantoms.

“The only time (the unions) appear is when the workers want to organize themselves,” said Avalos, 34, who now leads the Tijuana-based independent workers’ rights group Ollin Calli — a role she says has led to multiple threats, including being physically attacked by an unknown assailant.

Lynn DeWeese-Parkinson, a former lawyer for the American Indian Movement who now works with Ollin Calli, says the first thing foreign companies do when relocating to Mexico is find a union and “hire a lawyer to be the president.”

Since unions are very difficult to displace under Mexican labour law, DeWeese-Parkinson says signing up a “ghost” union essentially serves as a protection contract for factories — ensuring that workers will never be able to independently organize.

Last month, Hassan Yussuff, head of the Canadian Labour Congress, penned a letter to the world’s largest trade union confederation, the International Trade Union Confederation, expressing “deep concerns” about the practice and its devastating impact on ordinary workers in Mexico.

“(Foreign companies) are there because there’s a competitive advantage,” he added in an interview with the Star. “This is unfair for Canadian workers who saw the loss of jobs — only to realize that this advantage comes because the Mexican government is in collusion with employers and unions to ensure the practice of protective contracts.”

From a sparse, dimly lit Tijuana office, the head of the Mexican Workers Federation of Industrial Unions, José de Jesus Pantoja, told the Star his organization is “invited” to represent factory workers by foreign companies’ corporate executives.

“Mexican workers don’t have the capacity to elect good leaders,” he said.

“If we left (union organizing) open, it would attract people who aren’t recommended, and who aren’t trustworthy. It’s a risk for the factory,” he added.

Businessman Gabriel Merino describes this as a “very good relationship.”

“I have never yet as a manager of a factory had any strike in my plant,” he said. “We like the unions.”

Tijuana’s industrial district is perched on top of a scrubby hill, overlooking the city’s working-class neighbourhoods. While some factories are immaculately neat, boasting manicured gardens, others are austere and drab. On lunch break, workers often slip out to the edge of the slope, where a vast concrete soccer pitch encases 21,000 tonnes of contaminated waste left behind by a now-defunct battery recycling facility.

This city alone is home to about 600 maquiladoras, or foreign-owned plants that are exempt from paying duties or tariffs on machinery, equipment and materials. If you have a TV, there is a good chance it was Tijuana-made, since companies like Samsung and Panasonic run major operations here.

Tijuana boasts of a “5:1” ratio: five Mexican workers for the price of every American one. Its business community says wages are fair and come with benefits, and that “friendly” labour relations are an attractive feature of setting up here.

After several attempts, the Star gained access to one maquiladora on the pretence of looking for a job, slipping in through an unmarked door that did not name the company. The warehouse, where workers were slicing plywood, was hot and airless even on a cool, wet day. Workers wore cheap earphones to protect against the grating rasp of electric saws. The wages on offer were between 1,000 to 1,200 pesos for a 48-hour week — less than $2 an hour.

In a country with a daily minimum wage of 73 pesos, or about $5, that rate is still far more lucrative than many alternatives. But even with a weekly salary of 1,250 pesos, Alejandra Bartolomé, 26, cannot afford more than the home she and her family illegally cobbled together on the side of a four-lane Tijuana highway — part of an informal settlement where old garage doors and factory refuse substitute for bricks and mortar.

Bartolomé, who puts together sprinklers for export, says her wages are mostly eaten up by food and transport.

Pantoja says 95 per cent of Tijuana’s maquiladoras are unionized and that his organization supports workers while maintaining a “good image” with government and foreign companies. The Star interviewed five workers currently employed by maquiladoras. None of them, including Bartolomé, had ever heard of a union. One said she made as little as $1.25 an hour.

Without genuine union protection....


https://www.thestar.com/news/gta/2016/05/22/inside-mexicos-ghost-unions.html

We have ghost unions in Canada. CLAC is one.

Canadian trade policy expert calls TPP a "threat to democracy"


Gus Van Harten is a law professor at York University's Osgoode Hall and a well-respected expert on trade law; he's published a damning report on the Trans Pacific Partnership deal.

Van Harten focuses on the TPP's "Investor State Dispute Settlement" (ISDS, previously) provisions, which allow corporations to sue governments in closed, secret proceedings to repeal environmental, labor and safety regulations that undermine their expected profits.

Defenders of ISDSes say that they help the "little guy" who might be clobbered by foreign governments with regulations that are just disguised protectionism. But Van Harten's look at the track-record of actual ISDS proceedings paints a very different picture. The primary users of ISDSes are giant corporations (>$1B/year in turnover) or the super rich (>$100M net worth), and they prevail 71% of the time.

By contrast, small companies that try to use ISDSes only succeed 42% of the time. ISDSes aren't about leveling the playing field: they're about tilting it in the favour of the rich and powerful.

This leads Van Harten to call TPP a "threat to democracy and to regulation."

TPP has been written in such a way that the public always gets the worst of both worlds. Van Harten's chilling summary of the corporate sovereignty provisions in TPP is worth quoting in full:

https://www.policyalternatives.ca/p...nvestor-protections-trans-pacific-partnership

FRom a lefty rag no less.
 

Danbones

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Nafta, The TTP, the enforced immigration, the bank bailouts, ghost unions...
All incremental steps towards a criminal communist globalist government

and the fact that robots will be taking over much of the manufacturing
and consuming...

hey Tay:
Courts enforce and protect the democratically produced laws
Unless the justices are murdered so things like as Chelsea Clinton, Hitlary's daughter said of Antonin Scallia's demise:
" Chelsea Clinton said Thursday at an event in Maryland that there is now an opportunity for gun control legislation to pass the Supreme Court since Justice Antonin Scalia passed away"
http://freebeacon.com/politics/chelsea-clinton-gun-control-scalia/
 
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tay

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FRom a lefty rag no less.

Did you download the paper and read it? I know, that's a rhetorical question. The 'lefty rag' is not the only one pointing out the danger of the ISDS provision....
 

tay

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Could you spell out exactly how this is a threat to democracy, tay? How will it violate the core principle of representative government or "one man, one vote?"



The ISDS segement.... TPP's "Investor State Dispute Settlement" (ISDS, previously) provisions, which allow corporations to sue governments in closed, secret proceedings to repeal environmental, labor and safety regulations that undermine their expected profits.

I've known this was a bad deal for 30 years when NAFTA was first being written and marketed to the citizens. It's no wonder the world is such bad shape when most of you are just getting the idea free trade isn't what it is marketed as and some are still heavily in support.

Yes I even voted Liberal for Chretien because he said he would reverse NAFAT and go back to the Auto Pact system......


Let’s hate NAFTA like we used to


In the wake of Britain’s shocking vote to leave the European Union, a recent polls shows that only 1 in 4 Canadians believe that the North American Free Trade Agreement (NAFTA) is good for the country.

This poll was timed to coincide with the “Three Amigos” summit in Ottawa which brings together its signatories, Canada, Mexico, and the United States. The three leaders agreed to further liberalize NAFTA’s country of origin rules despite the lack of popular support for the trade agreement.

Entrenching the status quo of NAFTA will only lead to disastrous consequences.

Canada has been no better on issues relating to economic nationalism. The 2013 controversy over the Royal Bank’s use of temporary foreign workers was unfortunately framed as taking jobs from deserving Canadian workers. And though there has been an increase in awareness about the abuses and precarity that temporary foreign workers in Canada face, the government is far from offering what they deserve – automatic permanent residency status.

Thus the problem with so many critiques of free trade agreements (FTAs) and immigration policies is the idea that workers in advanced economies must compete with workers in developing ones. That obscures what’s really going on.

The recent poll showing that only 1 in 4 people support NAFTA in Canada also shows that 26 percent of Canadians think NAFTA has hurt Canada. 22 percent believe it hasn’t made any difference and another 27 percent are undecided. 43 percent of Canadians would either want to see the deal renegotiated or abolished versus 35 percent who would like to see it left as is or expanded.

After decades of the mainstream media consistently touting the benefits of the agreement and all major parties supporting NAFTA, it is surprising how little support it actually has.

But where is the NDP and the labour movement in all of this?

The NDP’s outgoing leader Thomas Mulcair supports NAFTA. Since the trade deal was implemented, the NDP has been largely silent on the issue. They have also taken a very soft position when it comes to both CETA and the TPP, refusing to reject these deals outright, and taking a wait-and-see approach. The NDP has even gone so far as to vigorously support FTAs such as the Canada-Korea Free Trade Agreement.

Imagine if the NDP had for the last 20 years strongly and consistently critiqued NAFTA? By filling this political vacuum it would have cemented its popularity while also creating an even stronger political pole against corporate trade deals. We only have to look at the popularity of Bernie Sanders who went from being a fringe candidate in the US presidential race to a viable political force in part because he consistently and powerfully opposed corporate trade deals.

The labour movement must challenge new FTAs and demand the repeal or renegotiation of existing ones. Labour must also promote the progressive policies, like expanded public services and stricter regulations on business, that are at risk from FTAs. In the last number of years the trade union movement has not put forward a coherent strategy to fight FTAs. It split on opposing the Korean Free Trade Agreement and has only put up a paper opposition to the TPP. If the labour does muster opposition to FTAs, it can’t simply fall into protectionism or the nationalistic rhetoric of ‘Canadian jobs for Canadian workers’.

The labour movement in Canada must promote an internationalist agenda. There must be demands for an international economic order based on fair trade and international labour standards that including a global minimum wage. The Korea Free Trade Agreement is only a year old but Korean trade unionists are suffering a brutal government crackdown right now, with union members being jailed and beaten in the streets for opposing attacks on union rights. At the very least, union leaders should be on the media circuit raising hell over this.

If the labour movement and the NDP continue to abandon the field of actively opposing NAFTA and corporate FTAs it will only leave more space for the rightwing to oppose these unpopular trade deals in the future. This breeding ground for racist and reactionary politics can only be challenged if labour and the left get back to hating FTAs like we used to.

Let’s hate NAFTA like we used to | rankandfile.ca
 

taxslave

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The labour movement must challenge new FTAs and demand the repeal or renegotiation of existing ones. Labour must also promote the progressive policies, like expanded public services and stricter regulations on business, that are at risk from FTAs. In the last number of years the trade union movement has not put forward a coherent strategy to fight FTAs. It split on opposing the Korean Free Trade Agreement and has only put up a paper opposition to the TPP. If the labour does muster opposition to FTAs, it can’t simply fall into protectionism or the nationalistic rhetoric of ‘Canadian jobs for Canadian workers’.


This is why the NDP is so irrelevant.They want to impose rules that would result in more government employees and even fewer jobs for unionized workers. The NDP represents government workers and rich socialists, not unionized workers. They have been opposed to every major project that the BC Building Trades union members rely on for a living while promoting higher taxes and more social programs run by government union members with no thought as to where the money must come from.
 

Dixie Cup

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Hmm - just reading to all these posts, it brings to mind the EU. It almost sounds like our own EU with decisions being made outside our borders, restricting what we can and cannot do.


If the TPP is actually as stated here, I am wholly against it. I am, however, for Free Trade as long as it is Free Trade and not a re-distribution of wealth which seems our elites are adamant about doing - at OUR expense and not theirs.


JMHO
 

tay

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Hmm - just reading to all these posts, it brings to mind the EU. It almost sounds like our own EU with decisions being made outside our borders, restricting what we can and cannot do.


If the TPP is actually as stated here, I am wholly against it. I am, however, for Free Trade as long as it is Free Trade and not a re-distribution of wealth which seems our elites are adamant about doing - at OUR expense and not theirs.

JMHO

Exactly except I think you meant Fair Trade.......

Trans-Pacific Partnership does not live up to labour promises


Far from being a pro-labour trade deal, as the Canadian and U.S. governments claim, a new study from the Canadian Centre for Policy Alternatives shows the Trans-Pacific Partnership (TPP) makes little effort to improve labour standards and offers workers a toothless dispute processes compared to the strong investment protections elsewhere in the agreement.

“Based on our history with NAFTA and other deals, and our reading of the TPP text, we can only conclude the TPP will reproduce an ineffective labour rights regime while further expanding a free trade model that has perpetuated labour rights violations across the world,” says Angella MacEwen, economist with the Canadian Labour Congress and co-author, with Carleton University professor Laura Macdonald, of the new report, Does the TPP Work for Workers?

This study examines the Trans-Pacific Partnership’s labour chapter and finds it cannot adequately protect, let alone enhance, labour rights across the TPP region, as promised by the Canadian and U.S. governments. This is because the TPP chapter largely reproduces the NAFTA model, with its escape clauses for national governments accused of violating worker rights, and its ineffective and complicated dispute process for challenging labour violations.

As the International Labour Organization recently pointed out, “no [labour] complaint has given rise to a decision of a dispute settlement body or even led to sanctions.” In contrast, investors were granted an easily accessible, binding dispute process in the TPP with a proven track record for undermining workers’ interests and public policy. As the authors conclude, labour organizations across the TPP region had produced an alternative labour chapter that would have better protected workers, but Canadian unions were given little opportunity to participate in the TPP process

https://www.policyalternatives.ca/n...rtnership-does-not-live-labour-promises-study
 

taxslave

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Exactly except I think you meant Fair Trade.......

Trans-Pacific Partnership does not live up to labour promises


Far from being a pro-labour trade deal, as the Canadian and U.S. governments claim, a new study from the Canadian Centre for Policy Alternatives shows the Trans-Pacific Partnership (TPP) makes little effort to improve labour standards and offers workers a toothless dispute processes compared to the strong investment protections elsewhere in the agreement.

“Based on our history with NAFTA and other deals, and our reading of the TPP text, we can only conclude the TPP will reproduce an ineffective labour rights regime while further expanding a free trade model that has perpetuated labour rights violations across the world,” says Angella MacEwen, economist with the Canadian Labour Congress and co-author, with Carleton University professor Laura Macdonald, of the new report, Does the TPP Work for Workers?

This study examines the Trans-Pacific Partnership’s labour chapter and finds it cannot adequately protect, let alone enhance, labour rights across the TPP region, as promised by the Canadian and U.S. governments. This is because the TPP chapter largely reproduces the NAFTA model, with its escape clauses for national governments accused of violating worker rights, and its ineffective and complicated dispute process for challenging labour violations.

As the International Labour Organization recently pointed out, “no [labour] complaint has given rise to a decision of a dispute settlement body or even led to sanctions.” In contrast, investors were granted an easily accessible, binding dispute process in the TPP with a proven track record for undermining workers’ interests and public policy. As the authors conclude, labour organizations across the TPP region had produced an alternative labour chapter that would have better protected workers, but Canadian unions were given little opportunity to participate in the TPP process

https://www.policyalternatives.ca/n...rtnership-does-not-live-labour-promises-study
Of course the propaganda arm of the NDP is completely unbiased.
 

petros

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TPP is so huge for Canada that we had to build ports inland because the there is no room on the coasts to handle the volume of goods poised for export.
 

tay

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TPP is so huge for Canada that we had to build ports inland because the there is no room on the coasts to handle the volume of goods poised for export.





Canada's exports have only been buoyed for the last decade by Oil & NG. If they are taken out of the picture the Trade deficit would increase dramatically...........

TD economists called the trade data "disappointing" and noted that it was the fifth consecutive month of declines in export volumes.
"While some of this can be put down to weak energy exports given the disruptions in that sector, the more concerning trend is the ongoing weakness in non-commodity exports," wrote TD economist Brian DePratto in a note.

Canada's merchandise trade deficit hits record in June - Business - CBC News


The Canadian auto workers union is demanding new vehicle investment in labor negotiations with Detroit’s Big Three automakers, but its prospect of success could be headed south — literally.

Canada lost more than 53,000 automotive jobs from 2001 to 2014, according to a study by the Automotive Policy Research Centre in Ontario. Meanwhile, in Mexico, automotive-assembly capacity is projected to more than double between 2010 and 2020, according to the Ann Arbor-based Center for Automotive Research (CAR). It says the country’s capacity ceiling “has no bounds.”

“There’s no question the automakers are taking advantage of Mexican workers and the low-wage system,” said Unifor President Jerry Dias. “Our plants, candidly, are more productive, and it’s not just about the wages, it really has to do with government commitment... Government support far outweighs the difference in our wages.”

Canadian auto workers earn as much as $34 Canadian per hour (the equivalent of $26.20 U.S.), whereas autoworkers in Mexico make the U.S. equivalent of $8 to $10 an hour, according to CAR. Hourly rates are highest in the United States after the latest raises won by the UAW, coupled with a strong U.S. dollar. Top-tier workers in the U.S. make about $29 an hour.

Dias argues that hourly wages don’t tell the entire story

Mexico looms large over Canadian auto talks
 

tay

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Of course the propaganda arm of the NDP is completely unbiased.

IF and I say if, you were paying attention during the last federal election what would you say were the biggest failures of the NDP policies as noted by NDP supporters............?


When car companies began flocking to this border town more than two decades ago, the big lure was labor, which was plentiful and inexpensive.

Today, with an auto-production boom in high gear, those advantages are being chipped away.

The competition for employees—both finding and retaining them—is nudging up labor costs. Retention and retraining programs are becoming the norm as are bonuses for employees who agree to stay in place, especially those with valued skills. Some factories are luring recruits with perks such as a new cowboy boots. Vacancies are becoming the norm.

“We have a huge supply gap in Mexico that needs to be resolved,” says Stephan Keese, a Chicago-based partner at consulting firm Roland Berger, which works with manufacturers in Mexico. “We’ve only seen the tip of the iceberg of this shortage. Labor rates going up will be unavoidable.”

The pressure isn’t yet so severe that it is undermining the rationale for moving production to Mexico. But it is an unexpected sticker shock—labor is one of the few costs manufacturers can control—and threatens both profitability and production quality.

At some plants, wages have risen by double-digit percentages in recent years. In Juárez’s export-focused factories, called maquiladoras, employee turnover hit an average rate of 10% in June, according to Amac-Index Juárez, a manufacturers association, a level not seen since the first wave of foreign-owned companies moved to Mexico under the North American Free Trade Agreement.

The going rate ranges from under $1 an hour at some parts factories to nearly $3 an hour at the large assembly facilities. That is well above Mexico’s minimum wage of 73 pesos, or $4 a day. Still, it is too low to attract the quantity and quality of workers needed to fill the surging number of openings, recruiters and manufacturing consultants say.

Often, Mexicans can earn more money in the informal sector that employs half of the country’s workforce, such as selling newspapers at traffic intersections or food on the street.

In Juárez, home to nearly 300 factories, large banners around the city advertise openings, new shift work and benefits. To avoid bumping pay, employers are increasingly offering perks such as English classes, use of soccer fields and $200 referral bonuses, or about a month’s pay, for those who recommend new hires. Local officials estimate the city’s manufacturing sector has nearly 15,000 unfilled jobs.

Lear, which makes auto seats and electrical systems, recently boosted wages at his plant in response, bumping his pay 37% to about $46 a week and adding overtime bonuses and paid days off on birthdays, Mr. Hurtado said.

Ford is scheduled to open a new $1.6 billion small-car assembly factory in San Luis Potosí in 2018 and hire 2,800 workers.

Ford spokesman Mike Moran said the car maker expects to improve profitability but declined to discuss specific figures. The spokesman also pointed to other worker benefits in the contract, such as life insurance, matching funds for worker-savings accounts and year-end bonuses equivalent to 20 days’ pay.

It’s Getting Harder and More Expensive to Make Cars in Mexico - WSJ
 

taxslave

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Quote: Originally Posted by taxslaveView Post
Of course the propaganda arm of the NDP is completely unbiased.

IF and I say if, you were paying attention during the last federal election what would you say were the biggest failures of the NDP policies as noted by NDP supporters............?

Tax and spend for a start. Pick a policy. It is probably bad for the country.
 

tay

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Quote: Originally Posted by taxslaveView Post
Of course the propaganda arm of the NDP is completely unbiased.

IF and I say if, you were paying attention during the last federal election what would you say were the biggest failures of the NDP policies as noted by NDP supporters............?

Tax and spend for a start. Pick a policy. It is probably bad for the country.



If you believe that, why didn't the NDP supporters vote for the NDP? And if you know the answer I will forward it to NDP HQ as soon as you post it so they can learn from their mistake.......


We have been told for decades that Investor Settlement Dispute Mechanisms were essential in the new globalized economy, because they spurred economic growth. But, after thirty-five years, the evidence is in. Murray Dobbin writes (link is external):

Financial Times analyst Martin Wolf recently argued bluntly that globalization no longer drives the world economy.

He points out that "…ratios of world trade to output have been flat since 2008, making this the longest period of such stagnation since the second world war. According to Global Trade Alert, even the volume of world trade stagnated between January 2015 and March 2016…"

In addition, says Wolf, "The stock of cross-border financial assets peaked at 57 per cent of global output in 2007, falling to 36 per cent by 2015." Foreign direct investment has also declined.

So if global trade isn't going to pull the world economy out of its persistent doldrums, why are countries putting so much political energy into signing these agreements? They do little or nothing to enhance growth in global trade -- trade is driven by global demand -- also flat.


Amongst the countries primed to sign these agreements trade is already virtually tariff free.

Even the government's Global Affairs department's recent analysis (link is external) estimates the Pacific Rim deal, the TPP, would increase GDP by a minuscule .127 per cent ($4.3 billion in a $2 trillion economy) -- over 24 years until 2040! In short, we will gain virtually nothing.

So, if they don't catalyze growth, why do governments keep insisting that IDSMs be included in trade deals?

Over the past 10 years ISDS provisions in literally thousands of agreements have become tools for criminals, greedy law firms, and "investors" in ISDS cases.

In an excellent four-part series (link is external), Pulitzer Prize-winning investigative journalist Chris Hamby reveals that: "Companies and executives accused or even convicted of crimes have escaped punishment by turning to this special forum."

Hamby cites several cases: "… an Egyptian court had declared a foreign company's purchase of a factory corrupt and nullified the deal, court records show. But after the company filed an ISDS claim, the government agreed to pay $54 million in a settlement…"

In another, two financiers had been convicted of embezzling $300 million from an Indonesian bank but used an ISDS finding to force Interpol to back off, protect their investment, and "…effectively nullify their punishment."

Hamby found more than 35 cases where "…the company or executive seeking protection in ISDS was accused of criminal activity, including money laundering, embezzlement, stock manipulation, bribery, war profiteering, and fraud." One ISDS lawyer admitted privately: "You have a lot of scuzzy sort-of thieves for whom this is a way to hit the jackpot."If it's it not criminals escaping justice, it's corporations gaming the system, perverting it so that the profit comes not from a planned or existing investment but from the increasingly enormous settlements demanded of governments if they win an ISDS arbitration.

As in Monopoly, an ISDM is a Get Out Of Jail Free card.
 

Remington1

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At the end of the day, these agreements benefit the 1% ultra-high net worth. I would bet that this 1% 'is or has been' part of the Bilderberg Group. Canada's very own Pearson, P. Trudeau, Chretien, Martin and Harper and of course a few notable whose influence at the conference table would have been essential, such as B. Lord (NB), G. Campbell (BC), Nigel Wright, Alison Redford (AB), F. McKenna (NB) and B. Wall (SASK), were all part of one or multiple Bilderberg's meetings (member or invite?-who knows), but I'm pretty sure TPP, NAFTA, Immigration, etc would have been on these meeting's agenda? The rest of us stand by and know full well that we are being screwed to the bone. Buy Canadian, it's the only way to defy the 1% in a tiny way, but a huge way to help Canadian business owners.
 

tay

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Scrapping free trade could make Canada great again

Canadians are in a hole because of free trade agreements like NAFTA, and it's time to stop digging.

That is the opinion of Gus Van Harten, a law professor at York University's Osgoode Hall Law School.

He argues in the early 1990s, the rules of trade agreements changed, shifting dramatically away from the classic definition of free trade — reducing tariffs to facilitate trade between countries.

"Free trade in itself is not an inherently bad thing, it's like breathing in an economy. Who would be against trading with other people? But trade agreements went way beyond that form of free trade to include all kinds of other topics and NAFTA is a good example of that."

NAFTA set up a framework that left the majority of Canadians worse off, because it built in a host of structural limitations. These include increased thresholds for reviews of takeover bids for domestic companies, limitations on government to regulate their financial service sector, and changing patent rules to favour bigger players. Van Harten says these measures benefit major multinationals, but don't always favour the domestic economy or its citizens.

One of the widely touted benefits of trade agreements has been greater purchasing power for consumers.

But Van Harten, who admits his own garage is full of cheap stuff, questions why it is that Canadians have come to depend on cheap goods.

To him, the trade-off for greater buying power has been economic security.

You may be able to buy cheap food from Walmart, or buy cheap televisions from China. But if you lose your job, or if you're able to hang onto your job, your neighbour lost their job, or your children have far less in the way of job prospects. You know, people warned about the race to the bottom 25 years ago. What they got wrong perhaps is how quickly it would happen, but a gradual race to the bottom still ends up in the same place.

video

Scrapping free trade could make Canada great again - Home | The 180 with Jim Brown | CBC Radio