Pierre Siklos – Ever Closer to Dis-Union?

From: Pierre Siklos To: The EU Commission Date: June 20, 2016 Re: Ever Closer to Dis-Union? In 2017, the European Union (EU) marks the 60th anniversary of the Treaty of Rome which created the European Economic Community, the predecessor of the EU. But these are troubled times in a part of the world determined to create, as stated in […]

Lawrence Herman – Brexit Primer

From: Lawrence Herman To: Canadian investors, financial institutions and exporters of goods and services Date: June 16, 2016 Re: Brexit Primer Let’s slow down a bit when we talk about the Brexit doomsday scenario. Even if the June 23rd vote is won by the Leavers, it will be a long and winding road ahead before UK […]

Earls beef debacle shows impact of private industry standards: Globe and Mail Op-Ed

Earls Restaurants got itself into a colossal public-relations jam with its decision to stop buying Alberta beef and instead to source “humane” beef from Kansas.

The chain was looking for suppliers that could provide it with beef free of antibiotics and steroids and slaughtered according to humane animal-welfare criteria. It ended up buying beef certified by Humane Farm Animal Care, but supplied from the United States.

A storm of protest erupted from Alberta beef farmers and consumers in Western Canada. Faced with commercial disaster, Earls shamefacedly admitted its mistake and returned to purchasing Alberta-slaughtered beef that, as it turned out, equally met humane best practices.

What drove this was a pure…

Better in than Out? Canada and the Trans-Pacific Partnership

The Trans-Pacific Partnership (TPP) promises to have a modest impact on Canada, according to ground breaking research from the C.D. Howe Institute. In “Better in than Out? Canada and the Trans-Pacific Partnership,” authors Dan Ciuriak, Ali Dadkhah, and Jingliang Xiao, find that some sectors will benefit from the TPP, while for others, the TPP will […]

Canada Is Being Sued By U.S. Investors, But It’s Not As Bad As It Looks: Globe And Mail Op-ed

The federal government announced last week that it would pay Mobil Investments and Murphy Oil about $19-million to satisfy a decision made by a NAFTA investment arbitration panel last year.

The tribunal found that certain guidelines of the Canada-Newfoundland Offshore Petroleum Board were discriminatory and thereby breached Canada’s obligations under the North American free-trade agreement. Although the government is disappointed with the decision, the $19-million payment is a small amount measured against the $66-million originally claimed by these two companies.

While not earth-shattering in dollar terms, the case raises issues about Canada and investor-state dispute settlement provisions (ISDS), not only under…

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