That article is heavy on rhetoric and light on details.
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"I think in 10 years from now, we'll call that the signature worst thing in policy that Canada's ever done... "It's a treaty that structures everything forever — and we can't get out of it."
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And unlike legislation passed in Parliament, he noted treaties like this one set rules that must be followed forever. This deal, he added, also features "iron-clad" dispute mechanisms. "I'm worried and I don't know how we can get out of this," said Balsillie
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and from the same article
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The deal must be ratified by all 12 countries, and then it would come into force six months later. It would require a parliamentary vote in Canada. Alternatively, the treaty can also take effect if it's ratified by half the countries representing 85 per cent of the zone's economy. A country can withdraw any time, on six months' notice.
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The deal still has to be ratified before it comes into effect so we aren't locked in to anything. Even if we did approve it and it turned out terrible we could opt out at any time in the future so I'm not sure what he is talking about that "we can't get out of it".
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Originally Posted by corporatejay
"It is the Blackberry of trade deals" - Jim Balsillie
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I was thinking the same thing, Balsillie isn't exactly tearing up the business world but I'm sure he'd tell you it's Harper's fault.