The Canadian Progressive: Freeland Admits: U.S. Withdrawal Effectively Kills TPP Trade Deal

This week, Foreign Affairs Minister Chrystia Freeland admitted that the United States’ withdrawal from Trans Pacific Partnership (TPP) effectively kills the mega trade deal. The post Freeland Admits: U.S. Withdrawal Effectively Kills TPP Trade Deal appeared first on The Canadian Progressive.

The Progressive Economics Forum: NAFTA: Suddenly, Everything’s on the Table

For years, we’ve been told the dictates of globalization, and the intrusive and prescriptive terms of free trade agreements in particular, are immutable, natural, and unquestionable.  (Read more…)When workers were displaced by the migration of multinational capital toward more profitable jurisdictions, we were told there’s nothing we can do about it except join the race ...

The Progressive Economics Forum: Stop Trump copy-cats: Listen to workers

I presented at the Standing Committee on International Trade’s incredibly brief review of the implementing legislation for CETA. With me were representatives from the Business Council of Canada, the Chamber of Commerce, and the Canadian Cattleman’s Association. There are only two more meetings scheduled, and there are no IP experts, no pharmaceutical experts, no representatives ...

kirbycairo: So-called "Free Trade" and the Presidential Election. . .

Trade is one of the stranger political issues in recent years. For more than two decades now the left has been saying that the trade deals (even going back before the Uruguay Round of GATT negotiations), are not really “free-trade” deals at all, but are rather ‘corporate rights’ deals that are intended to strengthen the ...

kirbycairo: So-called "Free Trade" and the Presidential Election. . .

Trade is one of the stranger political issues in recent years. For more than two decades now the left has been saying that the trade deals (even going back before the Uruguay Round of GATT negotiations), are not really “free-trade” deals at all, but are rather ‘corporate rights’ deals that are intended to strengthen the ...

Politics and its Discontents: The Art Of The Deal: A Guest Post By John B.

In response to yesterday’s post about free trade, John B. provided a detailed commentary that derves a separate posting. Below is what he wrote: Are any Canadians asking? I find the current tap dance we are witnessing reminiscent of the public displays of angst and pretense of desperation by Mulroney and Burney a generation ago ...

Babel-on-the-Bay: CETA: The devil is in the details.

Tried the other day to reread the Comprehensive Economic Trade Agreement (CETA) and finally gave up in disgust. Maybe this deal between Canada and the European Union is just too comprehensive for this non-trade expert to comprehend. And when you find the mainly French-speaking Wallonia area of Belgium is the last hold-out on the deal, ...

Politics and its Discontents: Free Trade Is Never Free

While it is beginning to look like International Trade Minister Chrystia Freeland’s departure from CETA negotiations was more of a ploy than the end of talks, the hiatus at least gives Canadians the opportunity to once more reflect on its dangers, the same dangers that afflict other so-called free trade deals. The fact is, free ...

Politics and its Discontents: This Is Good News

I’ll have more to say about this in the future, but for now, some good news for those who oppose free trade deals that sacrifice national sovereignty and jobs so corporations can be further enriched: Canadian Trade Minister Chrystia Freeland has walked out of negotiations to salvage a major trade deal with the European Union, ...

The Progressive Economics Forum: Denying Globalization’s Downside Won’t Stop Right-Wing Populism

I was somewhat surprised to see Stephen Poloz recently urging economists to do more work identifying and disseminating research on the supposed benefits of free trade.  That’s slightly beyond his job description (perhaps more fitting with his last position as head of Export Development Canada).  But like economic leaders elsewhere in the world, Mr. Poloz ...

Politics and its Discontents: UPDATED: Thank You, Germans, For Fighting What Should Also Be Our Battle

While Canadians by and large seem content to sleep through the entire CETA negotiations, uttering nary an objection to a deal that will severely compromise our sovereignty, ordinary Germans are turning out en masse to protest its dangers: Demonstrators took to the streets of Berlin and six other German cities Saturday to voice their displeasure ...

Politics and its Discontents: Joseph Stiglitz On The TPP

A very brief video, but a very important message about the dangers of the Investor-State Dispute Settlement mechanism that is a central part of the Trans Pacific Partnership, and something enthusiastically embraced, it would seem, by our ‘new’ government: Recommend this Post

Politics and its Discontents: Trudeau Has Some Explaining To Do

While our ‘new’ government continues upon the Harper neoliberal path, apparently never having met a free trade agreement it doesn’t like, one issue that never seems to be honestly addressed by either Mr. Trudeau or his most ardent acolyte, Chrystia Freeland, is the Investor-State Dispute Settlement provisions. Thanks to always astute Toronto Star readers, this ...

The Progressive Economics Forum: How to Solve a Problem like Internal Trade Barriers?

The updated agreement on internal trade, which had been moving along nicely, has hit a snag. Negotiators had wanted to open up all government procurement (meaning, not allowing any preferential treatment for local contractors). Alberta has asked to be allowed to require 20% local employment in government procurement. The other feature that is particularly troublesome is ...

The Progressive Economics Forum: The TPP is a Bad Idea, part 27

On June 16th the House Committee on International Trade held its 27th meeting about the Trans-Pacific Partnership. The Canadian Labour Congress, the Canadian Association of Research Libraries, Scott Sinclair, and Gus Van Harten were all in Ottawa to tell parliamentarians just how bad the Trans-Pacific Partnership would be for Canada. We outlined the limitations on ...

The Progressive Economics Forum: “Signing Trade Deals” is NOT Synonymous with “Promoting Trade”

The fine folks at the Institute for Research on Public Policy have undertaken an important and eclectic review of Canadian trade policy. They have marshaled 30 contributions from researchers addressing all aspects of Canada’s recent trade performance, and how we can improve it. The contributions will eventually be published in a single volume, Redesigning Canadian ...

The Progressive Economics Forum: Corporate rights masquerading as trade (again)

Anti-democratic investor rights deals are in the news again, thanks partly to a Communications Workers of America & Trade Justice Network event that brought Nobel prize winning economist Joseph Stiglitz to Canada. Professor Stiglitz pronounced the Trans-Pacific Partnership the “worst trade deal ever”, adding that provisions allowing multi-nationals to sue governments are particularly toxic. Professor ...

Politics and its Discontents: The High Cost Of Free Trade

Despite the rhetoric by our political and corporate overlords about the wondrous benefits of free trade, multitudes of people on both sides of the border are becoming increasingly aware of its true costs. In today’s Star, readers weigh in with their usual penetrating insights: Re: Next U.S. president won’t nix trade pacts, March 19 As ...

The Canadian Progressive: Michael Geist: The Case Against Canada Ratifying The Trans Pacific Partnership Agreement

This week, Internet and e-commerce law expert, Michael Geist, concluded his illuminating 50-day series on the “trouble with the Trans Pacific Partnership (TPP)” by presenting a compelling case against Canada ratifying the trade agreement. The post Michael Geist: The Case Against Canada Ratifying The Trans Pacific Partnership Agreement appeared first on The Canadian Progressive.

Politics and its Discontents: This Does Not Sound Good

Given that the government of Justin Trudeau is in favour of trade deals such as the TPP, its approval seems a foregone conclusion, despite its many grave potential drawbacks: For a fuller discussion of the above graphic, please click here for both text and links. Recommend this Post

The Progressive Economics Forum: Stanford Responds to Moffatt: Why I Still Worry About Auto Job Losses Under a TPP

My friend and fellow #cdnecon tweeter Mike Moffatt has published a thought-provoking commentary regarding the impact of the proposed Trans Pacific Partnership (TPP) on Canada’s auto industry. Specifically, Mike engages critically with previous arguments I have made (on this site and elsewhere) that the TPP, as currently negotiated, could result in the ultimate loss of ...

Politics and its Discontents: Canada To Sign TPP

The federal government has confirmed that it intends to sign the controversial Trans-Pacific Partnership trade deal at a meeting next week in New Zealand. But that doesn’t mean the Liberal government will ultimately ratify the 12-country treaty, International Trade Minister Chrystia Freeland said Monday. “Just as it is too soon to endorse the TPP, it ...

The Canadian Progressive: 350.org Responds to TransCanada’s NAFTA Lawsuit over Keystone XL

TransCanada’s lawsuit against the US over President Obama’s rejection of the Keystone XL pipeline reminds us how many of our rights free trade agreements give away, says 350.org. The post 350.org Responds to TransCanada’s NAFTA Lawsuit over Keystone XL appeared first on The Canadian Progressive.

The Canadian Progressive: Climate denial in the TPP trade agreement

The 5,000-page TPP agreement “is literally in climate denial” while expanding the rights of corporations, argues Ben Lilliston, the director of climate strategies at the Institute for Agriculture and Trade Policy. The post Climate denial in the TPP trade agreement appeared first on The Canadian Progressive.

The Progressive Economics Forum: Some missing elements from the Canadian TPP debate

With an agreement reached on the Trans Pacific Partnership, the 12-member trade and investment treaty, opinions began swirling about what the deal means for the future of Canada. Plenty of facts have been bandied about in an effort to clarify the TPP’s significance: 12 Pacific Rim countries, 800 million people, 36 percent of global GDP ...