NDP leader: China treaty a threat
Nov 13, 2012 / 7:40 pm
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."
Read more Business News
|QHR Technologies Inc||0.55||-0.03|
|Anavex Life Sciences||0.54||+0.05|
|Copper Mountain Mining||1.52||-0.16|
The majority of Canadians prefer to make their big move during the summer season. There are a variety of reasons for choosing this time of year: it is easier to transport boxes in non-icy condition...
It appears as though more people these days are looking for an investment in real estate which offers cash flow returns. The fundamentals of cash flow type properties had been turned upsi...
Getintheloop Marketing Ltd. recently launched their membership platform, Getintheloop.ca. The new website offers an exclusive members area for access to discounts in the South Okanagan on premium res...
- Taxman and the offshore tax havens
- Sharktopus views turns on YouTube TV
- Social media makes Disney blink
- BCE looks to cut $170 million
- TD Bank: Loonie could fall to 90 cents US
- Mixed results for North American markets
- Ex-Enron CEO cuts new deal
- Canadian dollar nudges upward
- Microsoft extends agreement with Yahoo
- Iamgold profits drop 91 per cent in Q1
- Rogers puts pressure on Bell Astral deal
- Beer company roots for Canadian teams