TPP like NAFTA ‘on steroids’

Trans Pacific Partnerships are like NAFTA on steroids.

To the Editor,

Do you remember the election debate over the Free Trade Agreement with the US (FTA) in 1988 or the public debate over the North American Free Trade agreement (NAFTA) in 1992-93?

Do you remember when the U.S. published the details of the Free Trade Area of the Americas (FTAA) in 2001?

Why is it that governments no longer think it makes sense to make the economic and social benefits of deals like the Trans Pacific Partnership (TPP) understandable to the public?

The TPP is like NAFTA on steroids and involves 12 Pacific Rim countries.

The negotiations have been kept secret but leaks of draft copies have revealed the true intent.

Although the TPP is called a trade agreement it is more of a corporate rights agreement.

Only two of the 26 chapters under negotiation have to do with trade.

The other 24 include how a government regulates corporate activity, what Crown corporations can and cannot do, how long pharmaceutical patents or copyright terms should be, how the Internet is governed, the sharing of personal information across borders, banking and taxation rules and when a company or investor should be compensated when environmental or public health policies interfere with profits.

The TPP threatens community-led public policy by including investor rights’ chapter and investor-state dispute process that would let companies sue governments in secret tribunals when public policies interfere with profits.

The public policy could be legal, fair and indiscriminate and still face corporate lawsuits demanding hundreds of millions and sometimes billions of dollars in compensation.

The Council of Canadians is calling on the federal government to make all TPP chapters public.

Paul Manly,

Nanaimo

Just Posted

Alberni Golf Club hosts Grey Cup Scramble

Very few rules in this event on Sunday, Nov. 25

City doubles bylaw fines for unsightly properties

Property maintenance makes up 80% of bylaw calls: Scott

School District 70 trustees pursue bus seat belt issue

We need to make some noise,’ chair Craig tells board

Conservation officers hunt for bear in Port Alberni

Family says a bear attacked a man in his yard near local movie theatre

Vancouver Islanders among B.C.’s most engaged on electoral reform

Parksville-Qualicum and Courtenay-Comox lead the province in voter turnout, Island high in general

Feds give formal notice for law to end Canada Post strike

Trudeau government ready to legislate employees back to work after five weeks of rotating strikes

Getzlaf lifts Ducks to 4-3 win over skidding Canucks

Vancouver now winless since Nov. 8

Pressure builds for B.C. to recognize physicians assistants

“We can make a difference and I think we’re being overlooked.”

Paramedic treated accused killer at the scene of Chemainus murder

Described strange behaviour of man with minor injuries

Senators urge Trump to expedite congressional vote on USMCA

The 12 Republican senators are warning of the dangers of getting the trade pact approved in 2019

Bill just one tool to deter foreign interference in Canadian elections: Gould

Bill C-76 is just one means to deter outside interference in Canadian elections

Investigation into B.C. legislature officers began in January

RCMP brought in months after former prison administrator started

Adair a newcomer to Chemainus at 104 years old

Not many people her age relocate, but she also just had a knee replacement a year ago

Legal challenge filed over high-stakes competition to design $60B warships

The federal government had originally said it wanted a “mature design” for its new warship fleet, which was widely interpreted as meaning a vessel that has already been built and used by another navy.

Most Read