The Foreign Investment Protection and Promotion Agreement (FIPA), discussed mostly behind closed doors, comes as the Conservative cabinet reviews a Chinese state-owned oil company's $15.1-billion bid to take over Calgary oil company Nexen.
Members of three opposition parties met with the members of two advocacy groups, Leadnow.ca and SumOfUs.org, that launched the petition two weeks ago over concerns that the deal would allow China to sue the Canadian government in secret tribunals, leading to a loss of control over natural resources.
The Liberal, NDP and Green Party denounced the lack of debate and vote over the agreement during a press conference on Parliament Hill Tuesday morning.
The agreement was tabled on Sept. 26 and can become law through cabinet order after 21 sitting days, which means the government could theoretically move to ratify as early as Nov. 1.
A spokesman for Minister of International Trade Ed Fast said there is no date currently set for a cabinet meeting at which the agreement could be ratified.
NDP MP Peter Julian said that "normal democratic process" has been refused over and over by the Harper government.
"Don Davies, our trade critic, has brought forward at the committee level and also in Parliament, the call for debate, the call for witnesses, the call for due consideration of the FIPA with Canada and China and the government has refused systematically that type of democratic consideration," he said.
Liberal MP Geoff Regan echoed the call for an open process before the ratification of the agreement that will have a lifespan of 31 years with no exit clause for the first 15 years.
"The Liberal Party favours trade and investment with other countries; however we believe we have to have discussion," Regan said.
"What we essentially have here is King Stephen has used the royal prerogative to ram this through - and we're very concerned."
During question period on Tuesday, International Trade Minister Ed Fast said the opposition already had an opportunity to debate the agreement but "passed it up."
He said the agreement will give "confidence" to Canadians who invest in China and lead to job growth in Canada.
Green Party leader Elizabeth May said "there's no question that Canadian investors in China will be better off with this deal," but argued the benefits would not offset the risks.
Original Article
Source: windsor star
Author: Chloe Fedio
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