There is a lot of spin about the Canada-China investment treaty (or FIPA). Canadians should not be fooled into the deal. They should insist on an independent review of the government’s claims, before the treaty is locked in for 31 years.
Recently, National Post columnist Andrew Coyne analyzed the treaty and pronounced it safe. However, Coyne missed key elements of the treaty, did not compare it to other agreements, and failed to appreciate the record of arbitration awards. Here is a more accurate overview of the treaty’s significance for Canada.