International trade and investment, deep integration

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EDMONTON – En vertu de l’ALÉNA, même si le Canada est confronté à une pénurie en gaz naturel et qu’il importe 49 % du pétrole qu’il consomme, il lui est défendu de diminuer ses exportations actuelles de pétrole et de gaz naturel vers les États-Unis, qu’il y ait pénurie intérieure ou pas.
EDMONTON—Despite the fact that we are running out of natural gas, and that we import 49% of the oil we consume, NAFTA dictates that Canada’s government cannot reduce the percentage of oil and gas we now export to the United States even in times of domestic shortages. A new report released today by the University of Alberta’s Parkland Institute and the Canadian Centre for Policy Alternatives (CCPA) says that the only solution to this and other potential scenarios is for Canada to pull out of NAFTA’s “proportionality” clause.
Talk about extraordinary: A public policy debate has broken out over an issue that normally wouldn’t even warrant discussion. For well over a year, an enormous public relations effort has been aimed at convincing Canadians, and their provincial governments, that Canada faces a virtual economic crisis. The crisis? Massive, destructive trade barriers between the provinces.
As the NAFTA leaders and their big business counterparts gather in New Orleans a few days from now for the fourth North American Security and Prosperity Partnership (SPP) summit, it is worth reflecting on its role in North American integration.
OTTAWA—The number of challenges launched by foreign investors against Canada under NAFTA’s controversial investment rules continues to grow, says a study released today by the Canadian Centre for Policy Alternatives (CCPA).
OTTAWA—Removing Canada’s existing foreign ownership restrictions would be a big mistake, says the author of a report released today by the Canadian Centre for Policy Alternatives (CCPA). The report, by University of Toronto economist and CCPA Research Associate Mel Watkins, argues that more foreign ownership is not the answer to Canada’s economic problems.