Close X
Monday, September 30, 2024
ADVT 
National

Text from Canada-EU trade pact leaked by German website, stokes deal's critics

Murray Brewster The Canadian Press, 13 Aug, 2014 11:00 PM
    OTTAWA - 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.
     
    A German television show obtained 521 pages of text, or about one-third of the 1,500-page agreement, which both sides refused to make public last week when negotiations concluded.
     
    The document, dated Aug. 5, was posted on the Internet by the television and online news program "Tagesschau," which focused its coverage on provisions surrounding the agreement's so-called investor-state dispute settlement (ISDS) mechanism.
     
    There were published reports prior to the wrap-up of talks that German concerns about the clause could scuttle the deal because corporations would be given too much power to sue governments over legislation they might not like.
     
    Under the clause, in order to register a complaint a company would be required to assert that the legislation in question is "manifestly disproportionate," according to the documents.
     
    Last week, officials said the language in the new trade deal was an improvement over NAFTA because it will allow for open hearings and the early dismissal of frivolous claims.
     
    Even still, the German media went to town on the documents, which suggest Canada caved in on the issue of patent protection for drugs and has agreed to limit the number of privately run wine stores in Ontario and B.C.
     
    Officials had intended keep the final text under wraps while lawyers tidied up the language in the document.
     
    A spokesman for International Trade Minister Ed Fast refused to confirm or deny the authenticity of the documents, but insisted that negotiators have already gone to great lengths to reassure the public that the deal is good for both sides.
     
    "Canada does not comment on leaks of purported negotiating texts," Rudy Husny said in an email.
     
    "We have released comprehensive materials which describe the various elements of the agreement and clearly show the significant benefits that will be generated in every region of Canada upon the agreement’s entry into force."
     
    The translation and final legal review are ongoing, while planning for a Canada-EU Summit, to be hosted in Canada next month, has also begun, Husny added.
     
    The government said last week that the agreement will result in a 20 per cent boost in bilateral trade. That would mean an increase of $12 billion in Canada's annual income, which officials say would create an estimated 80,000 jobs.
     
    Once implemented, 98 per cent of the tariffs between the partners would drop to zero.
     
    However, the secrecy surrounding the final wording has stoked critics.
     
    "The government is refusing to release the official text for now, so we can't verify the information in this leak," the Opposition New Democrats said a statement late Wednesday.
     
    "We do know, however, that it's missing an expected thousand pages of annexes. When it comes to trade, details matter. We look forward to the government providing Parliament with a verified, official text."
     
    The Council of Canadians, a longtime opponent of the deal, said in a release that it believes the agreement is unlikely to survive public scrutiny now that the text has been made public.
     
    Federal officials have said it could take up to two years to run the text through ratification, translation and fine-tuning of the legal language. That means it might not be in force before the next federal election, expected in October 2015.
     
    The Harper government has made the deal with Europe a keystone of its economic agenda, giving Canada favoured access to Europe's $17-trillion economy.
     
    In addition to tariff removal, there are chapters on professional accreditation that will make it easier for people to work in either zone, and more opportunities in financial services and telecommunications.

    MORE National ARTICLES

    Ottawa: Gurpreet Ronald charged with 1st-degree murder of Jagtar Gill

    Ottawa: Gurpreet Ronald charged with 1st-degree murder of Jagtar Gill
    Gurpreet Ronald, 34, accused of killing Jagtar Gill, 43, in the latter's living room in January this year, was arrested and charged Tuesday, Ottawa Citizen reported Wednesday. 

    Ottawa: Gurpreet Ronald charged with 1st-degree murder of Jagtar Gill

    Canadian government orders Russian diplomat to depart

    Canadian government orders Russian diplomat to depart
    The Canadian government ordered Russian Diplomat Yury Bezler to depart for home on Monday, news sources reported. 

    Canadian government orders Russian diplomat to depart

    Liberals Secure Majority in Quebec elections

    Liberals Secure Majority in Quebec elections
    Philippe Couillard's Quebec Liberal party has come out victorious after winning a majority government in the provincial election. The party's victory simply translates into the defeat and resignation of Parti Québécois leader Pauline Marois.  

    Liberals Secure Majority in Quebec elections

    Hail insurance for BC fruit growers available with lowest premiums in Canada

    Hail insurance for BC fruit growers available with lowest premiums in Canada
    The BC government is recommending Okanagan tree fruit growers include insurance for hail damage in their 2014 risk management plans, and take advantage of the fact that BC premiums are the lowest in Canada. Hail insurance offered jointly by British Columbia and Canada is a cost-effective way for farm families to ensure that weather risks such as hail can be managed and farm businesses can be sustained.

    Hail insurance for BC fruit growers available with lowest premiums in Canada

    Maharaja Ranjit Singh's sword acquired by Calgary-based businessman

    Maharaja Ranjit Singh's sword acquired by Calgary-based businessman
    Calgary-based real estate developer Bob Dhillon, reportedly the first Sikh billionaire in Canada, is elated as he has acquired a piece of Sikh history for the first time in Canada -- which is a 33.5-inch long curved sword of Maharaja Ranjit Singh (1799-1849).

    Maharaja Ranjit Singh's sword acquired by Calgary-based businessman

    Tax Tips for Students

    Tax Tips for Students
    For students, the month of April brings not only the stress of final exams but also the deadline for filing your tax return.  Of course you need to make sure you’re paying what the law requires, but you also want to take advantage of some of the ways that students can reduce their tax bills.  Here are a few of the FAQs from student taxpayers. 

    Tax Tips for Students