Blog Posts: Canada

Understanding the Trans-Pacific Partnership and Why it is in Trouble

The Trans-Pacific Partnership (TPP) is a hugely significant trade agreement that, if signed, would govern 40 percent of U.S. imports and exports. The agreement is being negotiated by Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, the United States and Vietnam. These countries make up 40% of the global economy and other countries may join the pact later. The countries involved in negotiating the TPP account for $1.5 trillion worth of trade in goods and $242 billion worth of services.


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1 Comment | Posted by Leo W. Alley on Thu. April 3, 2014 8:00 AM
Categories: Canada, Chile, Peru

Sneak Preview: Public Policy and the Recognition of Foreign Judgments in Canada

By: Lucien J. Dhooge

This article analyzes Canadian litigation captioned Yaiguaje v. Chevron Corporation which seeks recognition of an $18.2 billion judgment entered in Ecuador in 2011 in what has been labeled as one of the world’s largest environmental lawsuits. The article examines Chevron’s involvement in Ecuador through its predecessor in interest (Texaco) and the history of proceedings in Ecuador, Canada, and the United States and before the Permanent Court of Arbitration. The article then discusses the recognition of foreign judgments in Canada with emphasis upon the public policy defense. The article concludes that utilization of this defense presents significant issues affecting the reputation and credibility of the Canadian judiciary and its liberal approach with respect to recognition of foreign judgments.


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No Comments | Posted by Stephen A. Moore on Fri. November 8, 2013 8:00 AM
Categories: Canada

Free Trade Deal Reached Between Canada and European Union

After four years of negotiating, the European Union and Canada agreed to terms on a free trade deal on October 18, 2013. In 2012 the European Commission estimated that nearly 116 billion U.S. dollars of trade in goods and services was conducted between the two parties. As a result, the European Union is Canada’s second largest trading partner. Approval of the deal by the European Parliament and its member states is pending, as is federal and provincial approval in Canada.

Once the Canada-EU Trade Agreement (CETA) is approved, 99 percent of tariffs between the European Union and Canada will be removed. For example, “the 10 per cent EU tariff on passenger vehicles will be eliminated, as will tariffs on auto parts which run up to 4.5 per cent.” If retailers pass these savings on to consumers, this will mean that Canadians will pay substantially less for items including food, wines and spirits, and European cars. Canadian businesses will also benefit from this deal. For example, the Canadian agricultural industry will be able to export products such wheat, maple syrup, pork, and beef duty free to the European Union. With increased exports, Canadian businesses are expected to create more jobs. The government in Ontario, for example, estimates that CETA will lead to the creation of 30,000 jobs throughout the province.


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No Comments | Posted by Max P. Biedermann on Tue. November 5, 2013 8:00 AM
Categories: Canada, European Union, Free Trade

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