TILMA softens up Canada to be integrated with U.S.
TILMA softens up
Saturday, May 05, 2007
What do Canadians know about the Trade, Investment and Labour Mobility Agreement that B.C. and
As with the North American Free Trade Agreement and the Security and Partnership of North America (SPP) deal, the main components are policy harmonization and investor rights. Under TILMA, a legally funded process is created whereby corporations and individuals can challenge:
- Regulations in another province by enforcing the "mutual recognition" clause; i.e. an
- Provincial regulations or programs they believe will restrict investment (Crown corporations could be attacked);
- Provincial initiatives not agreed with another province.
After a two-year transition period, TILMA would apply to all local government regulations. Entities covered include all forms of municipal, regional, and district governments and school boards, which would be vulnerable to private lawsuits.
A binational organization, the Pacific Northwest Economic Region, which includes B.C.,
Thomas d'Aquino of the Canadian Council of Chief Executives and Stephen Harper's government must be smiling at the way TILMA prepares
Why would B.C. and
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