Growing Opposition to the Canada-EU Trade AgreementSubmitted by obamanochange on Wed, 08/29/2012 - 08:41
As negotiations enter their final stretch, it is imperative to get the word out on how CETA could further jeopardize our political and economic sovereignty. A NAFTA-style free trade agreement with Europe that gives corporations further powers to influence Canadian laws would be dangerous and destructive. Considering the deepening economic crisis in Europe and the real possibility that the Eurozone could break up, this is also the wrong time for Canada to be entering into this trade deal with the EU.
Meanwhile, there is growing opposition to the agreement as the whole process has lacked openness, transparency and any public consultations. In Canada, there are concerns over the threat it poses to local democracy. This includes fears of deregulation and privatization, as well the expansion of corporate investor rights. There are also warnings that the deal could be used as a backdoor means to implement ACTA which was rejected by the European Parliament in July.
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