|Canada, Mexico and the United States recently finished round one of renegotiations for the North American Free Trade Agreement (NAFTA) and round two is expected to get underway in Mexico City on September 1.
The Council of Canadians is actively organizing for round three of the talks, which will take place somewhere in Canada beginning September 23. The negotiations are in their infancy, and many of the positions haven’t been put on the table yet, but it’s obvious that corporations in Canada and the U.S. are well represented in the talks.
U.S. President Donald Trump continues to threaten to pull the plug on the agreement, which he has called the “worst trade deal ever made.” He has accused Canada and Mexico of being “difficult” at the negotiating table. Given NAFTA’s history with hundreds of thousands of jobs lost, corporate lawsuits, and that many of the U.S. demands could make the deal even more corporate-friendly – President Trump’s call to cancel NAFTA may not be a bad idea.
The Council of Canadians has called for three key changes to NAFTA, including: removing water as a tradeable good or service, the energy proportionality rules that require Canada to send oil to the U.S. even in times of shortage, and investor-state dispute settlement (ISDS) provisions that allow corporations to sue governments over laws or regulations that infringe on their profits.
Yesterday, a U.S. media report stated Canada would not agree to a U.S. proposal to allow countries to opt-in (or out) of ISDS court reviews. This would have allowed Canada to move away from the unfair arbitration process that has already forced us to pay corporations tens of millions of dollars in settlements.
The Council of Canadians will be leading the fight against another unfair NAFTA deal in the coming months. Your voice, support and activism are needed now more than ever.
Read more about the campaign and add your voice today.