Canada-China investment agreement a barrier to building Canadian economy

The Canada-China Foreign Investment Promotion and Protection Agreement (FIPA) will make it difficult for Canadian federal, provincial or municipal governments to use many of the tools used successfully in other countries to create jobs and develop the economy.

Under the agreement, Chinese companies will be entitled to the same treatment as Canadian companies. Chinese companies will also have the ability to appeal to tribunals for compensation if they can argue that federal, provincial or municipal laws or policies affect their profits.

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