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>>>>>>>>>>>>>>>LOONIE POLITICS<<<<<<<<<<<<<< http://looniepolitics.com/Liberals invent �Islamophobia� pandemic to hide their incompetence
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From: Larry Kazdan http://www.sott.net/
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To: Letters Editor
Subject: Re: EU parliament votes in favour of landmark trade deal with Canada, Jonathan Stearns, February 15, 2017
http://business.financialpost.com/news/economy/eu-parliament-votes-in-favour-of-landmark-trade-deal-with-canada
Free trade deals that include Investor-state dispute settlement clauses, pipeline export of raw resources, and privatization of infrastructure promising hefty returns - these are hallmarks of the old economy that benefited the few over the many.
Justin Trudeau may vow to grow the middle class, but his actions deliver the economy to elites. Big business will prosper, but the average citizen will end up paying the gratuitous court awards, the higher tolls and fees, and the costs of calamitous oil spills on land and water.
Footnotes:
1. Who�s afraid of free trade with Europe?
http://www.progressive-economics.ca/2014/09/25/whos-afraid-of-free-trade-with-europe/
- Under CETA an international body bypasses national courts, and can make decisions that apply retroactive financial penalties to governments....
http://www.edmontonsun.com/2016/12/18/justin-trudeau-and-the-great-rock-n-roll-swindle
- "Private money will provide up-front cash for construction projects. Investors will be repaid � at two to three times the rates the Bank of Canada can get � with revenue from transit fares, road tolls or other user fees."
http://credbc.ca/assessing-the-risks/
- "In the case of a major spill, taxpayers would likely be responsible for the burden of costs, as a company�s liability is limited to $1.3 billion and a major spill could easily cost ten times this amount."
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