Canada-EU trade deal will result in job losses, lower wages, and worse inequality

In Europe this weekend over 100,000 people are expected to protest the proposed Canada-EU Comprehensive Economic and Trade Agreement (CETA). They are the latest in a series of massive, anti-free trade actions, including a 150,000-strong demonstration in Berlin last October. Earlier this month, German activists launched a constitutional challenge against…
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How a Russian mining company used a Canadian investment treaty to sue Venezuela for $1.5 billion

Rusoro Mining declared victory yesterday in its four-year legal battle with the government of Venezuela over the nationalization of the gold industry in 2011. The company was awarded US$1.2 billion ($1.5B) by the World Bank’s International Centre for Settlement of Investment Disputes (ICSID). The dispute began in 2011, when then-president…
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Ontario’s new climate plan needs bigger sticks, more carrots

This week, the Ontario government released its five-year Climate Change Action Plan, which includes 28 initiatives designed to gradually electrify the transportation system, improve building efficiency, and ultimately reduce Ontario’s emissions of greenhouse gases. The plan has been met with praise from think tanks, environmental groups and news organizations who…
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No need for FOMO: Canada would be better off ditching TPP

We’ve consistently argued that the Trans-Pacific Partnership will bring high social and environmental costs and few economic benefits to Canada. The deal privileges multinational corporations and foreign investors while failing to protect the public interest and promote inclusive economic growth here at home. A new report from the C.D. Howe…
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TPP Will Cost Canada 58,000 Jobs, Won’t Grow Economy

Even the loudest advocates of the Trans-Pacific Partnership concede that the macroeconomic benefits for Canada will be small, as we have written before. Canada’s former trade minister promised a $3.5 billion boost to the Canadian economy—a fraction of a percent—if the massive trade treaty goes ahead. The most optimistic forecasts, including…
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What’s the big deal? The high stakes of TPP

Conservative Trade Minister Ed Fast flies to Atlanta this week to continue talks on the 12-nation Trans-Pacific Partnership (TPP), one of the largest and most important free trade agreements ever negotiated. A deal is no foregone conclusion—negotiators have already missed several deadlines—but expectations are high that this week’s meetings in…
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