We analyzed 38 multi-million dollar claims brought by the mining industry using ISDS and other investment protection laws; in over half, communities are fighting to protect Indigenous territory, water, and more.
Canadian investors have frequently used the ISDS system to pursue their commercial interests abroad—too often to challenge responsible government policies taken in the public interest in developing countries.
But legality should not be our main concern here. There are much better approaches to international investment and we should be considering them.
In a disappointing judgment, the Court of Justice of the EU (CJEU) has ruled today that the investment court system in the Canadian EU trade agreement (CETA) is compatible with EU law.
The judgement is disappointing but The case against ISDS (or its rebranded version ICS) has never been primarily a legal one. It is a moral one.
Canadians have complained that European barriers to trade, especially in the areas of agriculture, have impeded Canada’s ability to take advantage of the new markets.
In 2015, Gabriel Resources sued Romania before of the ICSID, asking for a reported four billion dollars in damages, after protests halted plans for Europe’s largest gold mine.
Bringing European officials to cattle country is part of a multi-pronged effort to sell beef to the EU.
Alleged barriers from Brazil, Canada, China, European Union, Japan, Mexico and Korea.
The company’s Canadian and British subsidiaries have already announced their intention to initiate arbitration proceedings against Armenia in accordance with bilateral agreements if the matter is not resolved.
Many countries have become wary of the system and are restructuring or terminating their investment agreements. This is the ambience in which the Court of Justice will decide whether the CETA is compatible with EU law.
The Czech-based company Petrolama Namur Oil Sands Exploration filed a notice of dispute against Canada on March 29 over the delay in completing the expansion of the Trans Mountain pipeline.
Le Parlement de Wallonie a adopté une proposition de résolution amendée relative à la transparence en matière de coopération réglementaire dans le traité de libre-échange entre l’Union européenne et le Canada, le fameux CETA.
The Parliamentary Budget Officer (PBO) revealed that new intellectual property provisions in the Canada-United States-Mexico Agreement would cost Canadians as much as $169 million more per year for pharmaceutical drugs
Amid the continued efforts of the Trudeau government to negotiate a free trade deal with China, a recent report suggests that a free trade agreement with the world’s most powerful economic force should be a “non-starter” for Canada right now.
Intelligence experts have warned that China’s increasingly aggressive geopolitical positioning puts it at odds with Western powers, when it comes to free trade agreements.
Hydro-Québec is a Canadian company producing and distributing electricity and one of the largest energy producers in the world.
While Eco Oro claims to have invested US$250 million in the project, it is seeking US$764 million as compensation for the cancellation of the project.
US Court of International Trade rules use of national security tariffs allowed, but appeal likely
Local authorities, commons and free trade agreements. 29 - 30 March ’19 in Borgerhout - Antwerp.