View Single Post
Old 09-13-2014, 10:18 AM   #1
photon
The new goggles also do nothing.
 
photon's Avatar
 
Join Date: Oct 2001
Location: Calgary
Exp:
Default Canada sells rights to China?

http://www.vancouverobserver.com/new...orce-october-1

Quote:
As FIPA comes into force, it would have a major impact on projects such as Enbridge Northern Gateway and potentially some LNG proposals. The deal would allow Chinese investors to sue British Columbia if it changed course on the Northern Gateway pipeline proposal.

"It is true that Chinese investors can sue Canada for any actions by the federal government or the B.C. government (or legislature or courts) relating to Chinese assets connected to the [Enbridge] Northern Gateway pipeline," Van Harten said.

"More troubling, there is no requirement in the treaty for the federal government to make public the fact of a Chinese investor's lawsuit against Canada until an award has been issued by a tribunal. This means that the federal government could settle the lawsuit, including by varying its conduct in a way that many Canadians would oppose, or by paying out public money before an award is issued, and we would never know."

Too late for constitutional challenge now?

Van Harten said there was likely "little point" for constitutional challenges to the deal at this stage.

"Even if found unconstitutional by a court down the road...once the treaty has been ratified, none of the obligations assumed by Canada can be modified unless China agrees," he said.
Sounds kinda bad, or is it just an over-reaction / misinterpretation by the reporter?

EDIT: Couple more links that I haven't read yet:

http://thetyee.ca/Opinion/2012/11/05/Van-Harten-FIPA/

http://opinion.financialpost.com/201...too-one-sided/
__________________
Uncertainty is an uncomfortable position.
But certainty is an absurd one.
photon is offline   Reply With Quote
The Following User Says Thank You to photon For This Useful Post: