ISDS Case Map
Canada
The leaked EU-Canada trade agreement contains a controversial chapter on investor-state disputes settlement that is substantially unchanged from previous drafts that were used as a basis for the EU's recently held public consultation.
A leaked copy of the full text of the Canada-EU free trade agreement was posted online late Wednesday and appeared to confirm the fears of the deal’s critics on both sides of the Atlantic.
As leaked by German news outlet Tagesschau
Canadian company Bear Creek Mining announces that it intends to commence an arbitration proceeding against the government of Peru under the Canada-Peru FTA.
To trade experts, the moving goal line is all part of the game of these complex negotiations. Average Canadians, however, might be forgiven for not knowing the score. Some may even have mistakenly thought the game was already over.
At this point, the text has reportedly been sent to Canadian provincial governments and the European Union member states for initial feedback to be submitted over the next few weeks, reports Brent Patterson.
Canada and the European Union have finalised the text of a proposed free trade agreement after months of wrangling, in a deal which is expected to serve as a blueprint for a similar agreement with the United States.
The German government expects the Canadian deal will be agreed at an EU-Canada summit in late September but believes that some changes could be ultimately needed in the final wording.
From a Canadian perspective, the Eli Lilly case has provided a powerful reminder that the risks associated with ISDS may outweigh the benefits with legal cases that can take decades to resolve.
A bipartisan group of US lawmakers on Wednesday said Japan's refusal to drop all barriers to farm imports under a Pacific trade deal was unacceptable and urged the US administration to cut Japan and Canada out of the talks if they did not give ground.
