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Canada-China investment deal allows for confidential lawsuits against Canada
Sunday, September 30th, 2012
September 29, 2012
… any decision by any state entity in Canada… can be challenged by a Chinese investor. The arbitrators, if they conclude that the decision violates flexible standards of investor protection, can issue orders and award damages against a country. On the other hand, no one in Canada including the government will be able, under the deal, to sue a Chinese investor for breaking any laws. The claims are one-way.
Tags: economy, globalization, privatization, rights, standard of living
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