The North American Free Trade agreement is primarily about investment and corporate rights. It created a free trade zone between Canada, United States, and Mexico. By giving the green light to foreign corporations to buy up resources and to outsource jobs, it has given unrestricted access to corporations, eliminating the ability of national governments to protect industry. Since 1986 over 13 000 Canadian companies have been sold to foreigners, mostly American. At that rate Canada risks becoming an empty shell of a nation.
NAFTA'S National Treatment Clause
NAFTA's National Treatment clause gives foreign investors the same rights in the host country as citizens of that country. It degrades the value of citizenship if foreign investors have equal rights in the host country as citizens of that country. National treatment is the passport which allows corporations unrestricted access. It allows American corporations to invest in Canada without conditions and without limits. For example Canada can't say: "you can't buy more than 50% of our forest industries" because the treaty says you can buy them all. This under discussed 'clause' means that foreign investors have the unrestricted right to invest in Canada: (a) without conditions and, (b) without limits. We have lost the right to say that only foreign investment that is beneficial to Canada is welcome.
NAFTA's Chapter 11
Often confused with the US bankruptcy protection law, Chapter 11 is a disputes settlement provision for the exclusive benefit of corporations at the expense of national governments. The net effect of chapter 11 is that when any level of government, federal, provincial or municipal, passes or amends a law or regulation which affects a foreign investor's profits, future profits or potential profits, they can sue the host governments for damages.
The Security and Prosperity Partnership
The Security and Prosperity Partnership of North America (SPP) was a regional level dialogue with the stated purpose of providing greater cooperation on security and economic issues. The Partnership was founded in Waco, Texas on March 23, 2005 by Paul Martin, Prime Minister of Canada, Vicente Fox, President of Mexico, and George W. Bush, President of the United States. The SPP was the next step after NAFTA to further integrate Canada, the United States and Mexico into an EU-like North American Union in which national sovereignty would be diminished. The SPP called for a series of regulations and standards to be harmonized among the nations. Fortunately an awakened populace has derailed the SPP for now. But a North American union is still on the table, which will be an evolution of the current free trade zone but with open borders and a common currency issued by a private central bank as interest bearing debt.
Former PM Paul Martin and Current PM Stephen Harper call for global governance and diminished Canadian sovereignty.
"And we cannot be effective at major economic matters any longer unless we work with our economic partners around the world and work with them closely and intimately. That is essential. I know some people don't like it. It is a loss of National Sovereignty but it is a simple reality. It is a simple reality."
- PM Stephen Harper
"We're gonna have to give up a little bit of our sovereignty to make the world work"
- Former PM Paul Martin
Speaking with the media at the conclusion of the G20 summit in Toronto, Prime Minister Stephen Harper expressed his belief that a loss of Canadian sovereignty was just a simple reality that Canadians have to accept.
To the same tune speaking at the 79th annual Couchiching Conference on August 6, 2010 Former PM Paul Martin was advocating global governance and a world without borders.
It seems more and more politicians such as the former liberal PM and current conservative Prime Minister are advocating ceding our sovereignty to a global government of unelected bureaucrats. They are essentially advocating the end of the democratic nation-state as we know it where its citizens hold power.
The Canadian Action Party believes that this is unacceptable. We do not believe that global governance and a loss of sovereignty is the answer to the world's problems let alone Canada's. We believe the problem is the loss of our economic and monetary sovereignty that is being imposed on Canada embodied in the laisez-faire mentality of globalization and free trade. The Canadian Action Party Advocates "fair trade policies: the right of nation-states to exercise its sovereignty and discretion in matters of trade, economic and monetary policy.
The loss of sovereignty means the loss of power the citizens have to determine economic and monetary policy through their elected representatives to unelected bureaucrats of a global government. This is a threat to democracy itself.
The Canadian Action Party supports the idea of "fair trade" and the sovereign nation state where its citizens remain supreme. We believe our government should use its own discretion in matters of trade, economic and monetary policy. NAFTA and new calls for global governance threaten our nation's sovereignty by ceding it to unelected bureaucrats influenced by corporation and banking conglomerates. Support CAP and our efforts to abrogate NAFTA and to protect our sovereignty.
© 2013 - Authorized by the Canadian Action Party Chief Agent, Sally Patterson Braun