Thomas Mulcair’s Response to FIPA

Photo source: Reuters

I am writing you because you have expressed concern about the Canada – China Foreign Investment Agreement (FIPA).

As you have noted, this deal changes Canada’s long standing policy of ensuring public disclosure and transparency in arbitrations. This deal could have negative effects on the ability of Canadian governments to set policies in the public interest and exposes Canadian taxpayers to expensive litigation and damages. It also fails to achieve full reciprocity for Canadian investors. Continue Reading →

Peter Julian’s Opposition to FIPA

Photo source: ceoworld.biz

Dear neighbours,

Thank you for taking the time to share your concerns with Peter Julian over the Canada-China Foreign Investment Promotion and Protection Agreement (FIPA) as well as your opposition to the Nexen takeover bid by China National Offshore Oil Corporation (CNOOC).

Thank you for being so many voicing your concerns on these deals! Please know that the New Democrats are actively opposing both of these deals.

On the CNOOC takeover bid of Nexen, we regret that our call for a thorough, transparent, and public review of this $15.1 billion transaction is being ignored. Now that there has been a 30-day extension, we believe that the Conservatives must use this time to consult with Canadians. Continue Reading →