CANADA HAS LOST BIG ON PAST NAFTA LAWSUITS

Jun 28, 2017

By Michael Kramer

Share on

Canada can safely claim the title of “biggest loser” – in terms of lawsuits over The North American Free Trade Agreement.

Since 1994 when the agreement came into force – Canada has been sued 39 times by foreign companies – claiming Canadian policies have violated their rights under NAFTA.

Canada has lost or settled eight cases – and shelled out more than $215 million in compensation – while America still hasn’t lost a single case –  or paid out a cent in compensation.

Approximately 60 per cent of the challenges aimed at Canada have targeted environmental regulations or resource management policies – including provincial regulations on oil and gas development and wind farms.

The latest numbers were compiled by Scott Sinclair – a senior research fellow with the Canadian Centre for Policy Alternatives.

Join Our Fan Club
Coverage Area
Downtown Toronto
96.7FM
Toronto HD
96.3 HD-2
Kingston to Windsor, Parry Sound to Pittsburgh
AM740
ZoomerRadio Logo

Recently Played: