Collected Data
"Foreign investors would be able to challenge -- and TPP arbitrators could then review -- a decision by a government, a legislature, or a court. The usual principles of Canadian law requiring such disputes to be decided in a Canadian court do not apply."
28/09/15 10:04 Filed in: Link
Gus Van Harten;
Ten ways TPP gives too much power to foreign investors
On the other hand, a foreign company could not itself be sued and ordered to pay Canada under the TPP. The trade and investment treaties are structured one way. They give exceptionally powerful rights to foreign investors without any actionable responsibilities.
This imbalance is a political choice.
Any treaty can be written to put enforceable responsibilities on foreign investors; for example, to avoid corrupt activities or respect workers' rights. But the governments driving the treaties -- in Washington and Brussels but also Ottawa -- have not done so.
Ten ways TPP gives too much power to foreign investors
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