Like TTIP, CETA contains a new legal system, open only to foreign corporations and investors. This will allow Canadian companies to sue the British government for ‘unfairness’ whenever their profits are at risk. The same counts for a huge number of US corporations that have interests in Canada.
Take action now to stop this
The whole purpose of CETA is to reduce regulation on business. Standards could be reduced across the board on the basis that they are ‘obstacles to trade’. That could include food safety, workers’ rights and environmental regulation.
Public services are also at risk because CETA would make it difficult to take full control of public services which have been contracted out.
The onslaught has already started. Tar sands oil is one of the most environmentally destructive fossil fuels in the world, and the majority of this oil is extracted in Alberta, Canada. There is currently little tar sands oil in use in the EU, but that’s changing. When the EU proposed prohibitive new regulations to effectively stop oil from tar sands oil flowing into Europe, Canada used CETA as a bargaining chip to block the proposal. If CETA passes, that decision will be locked in – a disaster for climate change.
Take action now to protect public services
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