Reports Global Justice Now’s Guide to CETA
Global Justice Now’s Guide to CETA
The Canadian equivalent to TTIP, called CETA, is on the verge of being ratified but is not receiving the scrutiny or attention it deserves. CETA could well be approved before we leave the EU, meaning we would be subject to some of its provisions for up to 20 years. CETA looks set to include the most controversial part of TTIP, the Investment Court System (ICS), which gives corporations new powers to sue governments through a special corporate court. Because many US firms have Canadian subsidiaries, CETA will also enable US corporations to operate in the EU and UK markets. Public services are particularly vulnerable because CETA locks in current levels of liberalisation making it difficult for future governments to stop Canadian companies from delivering public services in countries like the UK.