On Wednesday, MP Elizabeth May delivered a very short summary of the impacts of the Canada-China Investment Treaty, currently
under review being pushed through Parliament.
According to a press release from May’s office earlier this month, “On September 9th, Prime Minister Stephen Harper signed an agreement with China, the Canada-China Investment Treaty. The agreement was kept from the Canadian public and Parliament until September 26th, 2012, when it was quietly made public, tabled in the House of Commons. No press release. No technical briefing. The deal is set for automatic approval. No vote or debate will take place in the House.”
You can view a clip of May’s short speech on her website:
“Mr. Speaker, here is your 60 second briefing on the Canada-China investment treaty, the most significant treaty of its kind since NAFTA. I requested a technical briefing from the Minister of International Trade on September 27. I got it one hour ago, so I can update folks.
It confirms that Chinese state-owned enterprises would have the right to complain and charge for damages for decisions in Canada by municipal, provincial, territorial or federal governments. It confirms this treaty will apply till 2027 for a minimum, and potentially till 2042, and China can complain of anything it feels is arbitrary.
It will be of greater benefit to Chinese investors in Canada than to Canadian investors in China. No province has been asked if it approved of this agreement.
Yesterday, the Prime Minister asked that members of this place should acquaint themselves with the treaty. I have. It threatens our security, our sovereignty and our democracy. Yet this 60 seconds will be the only briefing this House gets.”
This video is a quickie intro to the issue for those unfamiliar with what has been taking place since September. I’m posting the video not to say “no” to Chinese investor interest, but to once again point to the absolute contempt for procedure and transparency on the part of the Harper Government™.