The liquified natural gas companies behind GNL Québec and Gazoduq are claiming $20 billion US in compensation from the government of Canada for pulling the plug on their natural gas liquefaction terminal and gas pipeline projects in Saguenay, Que.
Environmental organisations are threatening to bring about a court challenge to the Comprehensive Economic and Trade Agreement between the EU and Canada, just as the ratification of the agreement is set to be on the agenda.
The advanced framework agreement’s investment protection provisions include many of the substantive obligations that are common in international investment agreement.
A Free Trade Agreement between Ecuador and Canada is not in the interests of Indigenous peoples, territories or the environment. The FTA will only be another instrument of corporate power, wielded by the national elites to deepen the rationale for devastation.
The plan is to use the funding to support the damages claim against the Republic of India for breaches of its obligations under the Australia-India Bilateral Investment Treaty.
This article provides a concise summary of the enforcement framework for investment treaty awards under the two most important conventions governing this subject.
The minister noted the parties will continue negotiating within the framework of a free trade agreement between Canada and Panama and international arbitration rules.