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After reading that wiki article (i.e. not the actual treaty), it seems like any argument that Canada’s vote harms profitability of Chinese companies could be fl

After reading that wiki article (i.e. not the actual treaty), it seems like any argument that Canada’s vote harms profitability of Chinese companies could be flipped around just as effectively. China’s restrictions harm Canadian media companies. So I don’t see why Canada should be all that worried about passing this law. I think it’s more likely just straight politics as usual. Trudeau might very well have done the same thing without the restrictions of the treaty.

ygjb 6y ago
Here[1] is an article that illustrates how much China has invested in Canada. In contrast, Canada has invested very little. Canada has a great deal to lose by provoking China, and due to foreign policy implications in the United States under their previous administration, Canada was basically pushed into apprehending the CFO of Huawei. That went over well in China. There is no doubt that there is a political motivation for doing this, but in particular this treaty presents a specific extra-judicial legal jeopardy for any government at any level in Canada for taking action against China. [1] https://nationalpost.com/news/as-geopolitical-tensions-rise-chinese-investment-into-canada-continues-to-fall-data-show https://nationalpost.com/news/as-geopolitical-tensions-rise-...
fiona_kingfluff 6y ago
Also from the wiki article: "Corporations from either country can sue if the country in which they have their operations has public policies even those intended on protecting the environment, health, or safety that the corporation says "interferes with the corporation’s profitability".[10]:23[5] Canada's risk of such lawsuits is much greater than China's, since "China's foreign direct investment in Canada is much higher than Canada's in China."[5] By 2015, Chinese foreign direct investment in Canada in 2015 was roughly three times the amount of Canadian investment in China."

ygjb 6y ago

Here[1] is an article that illustrates how much China has invested in Canada. In contrast, Canada has invested very little. Canada has a great deal to lose by provoking China, and due to foreign policy implications in the United States under their previous administration, Canada was basically pushed into apprehending the CFO of Huawei. That went over well in China. There is no doubt that there is a political motivation for doing this, but in particular this treaty presents a specific extra-judicial legal jeopardy for any government at any level in Canada for taking action against China. [1] https://nationalpost.com/news/as-geopolitical-tensions-rise-chinese-investment-into-canada-continues-to-fall-data-show https://nationalpost.com/news/as-geopolitical-tensions-rise-...

fiona_kingfluff 6y ago

Also from the wiki article: "Corporations from either country can sue if the country in which they have their operations has public policies even those intended on protecting the environment, health, or safety that the corporation says "interferes with the corporation’s profitability".[10]:23[5] Canada's risk of such lawsuits is much greater than China's, since "China's foreign direct investment in Canada is much higher than Canada's in China."[5] By 2015, Chinese foreign direct investment in Canada in 2015 was roughly three times the amount of Canadian investment in China."