Tuesday, January 16, 2018

TOO BULL-HEADED TO NEUTRALIZE NAFTA CHAPTER 11

It says Canada is currently facing eight active investor-state claims — including Omnitrax's recent NAFTA claim related to its broken rail line to Churchill, Man., and Lone Pine's challenge to Quebec's fracking moratorium — that combined seek more than $475 million in damages.
Lori Wallach of the progressive Washington-based group Public Citizen is also critical of Canada's defense of Chapter 11.  ''This is the irony to it. Canada is No. 1 in the world of developed countries that has lost under investor-state," she said.
"Canada's paid out a ridiculous amount of money... Of any country Canada should say, 'That's it. I've had it with investor-state.'"

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