The Risks of Rushing CETA

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The Risks of Rushing CETA

[ https://www.policyalternatives.ca/publi ... shing-ceta ]

A briefing note on Bill C-30, implementing legislation for the Canada-EU Comprehensive Economic and Trade Agreement

Author(s): Ellen Gould December 13, 2016

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[ https://www.policyalternatives.ca/sites ... ll_C30.pdf ]

The implementing legislation for the Canada-EU Comprehensive Economic and Trade Agreement, Bill C-30, makes a number of unilateral changes to various Canadian laws that will be permanent even if CETA ratification fails in the European Union—an increasingly likely event given roadblocks in many European member states.

This briefing note for the parliamentary committee studying Bill C-30 goes over some of the more worrying impacts—such as sharp increases in drug costs to Canadian consumers from patent extension, the expansion of investor-state dispute settlement through CETA's "investment court system" and the impact on jobs from changes to the Coasting Trade Act—in light of the uncertainty CETA will ever be fully implemented in the EU.

- See more at: [ https://www.policyalternatives.ca/publi ... RgPm2.dpuf ]