Saturday, November 22nd3.1°C
24157
24056

NDP leader: China treaty a threat

A soon-to-be ratified investment treaty between Canada and China has the potential to wrest control of natural resources away from the provinces, the leader of the federal NDP said Tuesday.

"I think one of the things that we have to know is that this can cause huge upheaval in the province's ability to control their natural resources and real problems for Canada's sovereignty long-term," Tom Mulcair said in an interview with The Canadian Press.

Control over resources is a particularly prickly topic in Alberta, where Mulcair was making a stop to support anti-poverty advocate Dan Meades, the party's candidate for Calgary-Centre in a Nov. 26 byelection.

Mulcair has said previously that a New Democrat government would do anything in its power to extricate Canada from the Foreign Investment Promotion and Protection Agreement if it's found to not be in the country's best interest.

"I think the average Calgarian and the average Albertan understands very well that the battles that were fought 30 some-odd years ago to get control of natural resources put in the constitution shouldn't be thrown aside easily," Mulcair said at Meades' campaign headquarters, where volunteers were busily working the phones in the next room.

"People are starting to realize that this could play havoc with the province's ability to control their resources going forward."

The Canadian Press


Read more Business News




Recent Trending




Today's Market
S&P TSX15111.13+35.95
S&P CDNX789.135.56
DJIA17810.0691.06
Nasdaq4712.97+11.102
S&P 5002063.50+10.75
CDN Dollar0.8901-0.0002
Gold1201.50+10.60
Oil76.72+0.87
Lumber331.50+4.50
Natural Gas4.236-0.253

 
Okanagan Companies
Pacific Safety0.155-0.005
Knighthawk0.01-0.005
QHR Technologies Inc1.30+0.03
Cantex0.04+0.005
Anavex Life Sciences0.178+0.008
Metalex Ventures0.03+0.005
Russel Metals31.62+0.82
Copper Mountain Mining2.24+0.06
Colorado Resources0.125-0.015
ReliaBrand Inc0.013-0.002
Sunrise Resources Ltd0.050.00
Mission Ready Services0.35+0.015

 
23744


24053

FEATURED Property
213021013151 Shoreline Drive
3 bedrooms 2 baths
$459,900
more details
Click here to feature your property
Please wait... loading


What I learned in China: Part 2

As per my previous article on my visit to China, we have much to learn about and from their people. It is potentially the largest market on earth with 1.3 billion people in one country but much will d...


Retirement: Health Issues

Our health is really our greatest asset and maintaining our health is of tremendous importance. You want to do what you can to ensure that health issues will not jeopardize the enjoyment of your retir...


Be quiet already!

No, you’re not crazy. There really are voices in your head. Voices that keep you from doing what you need to do during your customer care calls. It can be the voice of your teachers, your parent...

_



24158

24119


Member of BC Press Council


22707