How Canadian companies use trade and investment agreements to bully foreign governments for billions

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Investor-state dispute settlements are a lesser known but significantly harmful mechanism that allows large corporations to target environmental policy and resource management decisions in developing nations.

This report confirms the assessment of the Intergovernmental Panel on Climate Change, in its 2022 report, that actual or threatened investor-state dispute settlement cases could lead to countries delaying or even refraining from introducing new environmental measures for fear of triggering costly and often speculative lawsuits.

Canadian investors have initiated at least 56 ISDS claims against countries outside North America, which is 13 more than were recorded in the author’s 2019 report on Canadian ISDS cases, Digging for Dividends.