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Jim Balsillie fears TPP could cost Canada billions
Topic Started: Feb 8 2016, 07:19 AM (49 Views)
Darcie
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Skeptic
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Last month, in the middle of the election campaign, the Conservative government put Canada’s signature on the controversial 12-country pact. The Pacific Rim agreement, which includes the massive American and Japanese economies, has been described as the world’s largest-ever trade zone.

But Balsillie said parts of the deal will harm Canadian innovators by forcing them to play by rules set by the treaty’s most-dominant partner: the United States.

The fallout could prove costly for Canada because technologies created by these entrepreneurs have the potential to create huge amounts of wealth for the economy, he says.

“I’m not a partisan actor, but I actually think this is the worst thing that the Harper government has done for Canada,” the former co-chief executive of RIM said in an interview after studying large sections of the 6,000-page document, released to the public last week.

“I think in 10 years from now, we’ll call that the signature worst thing in policy that Canada’s ever done ...

“It’s a treaty that structures everything forever — and we can’t get out of it.”


http://www.thestar.com/news/canada/2015/11/08/jim-balsillie-fears-tpp-could-cost-canada-billions.html

It's selling our future and our soul to foreign corporations. NO - NO
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