Say No to the CETA Trade Agreement between Canada and the EU. Paul Hellyer on Stopping CETA and the Need for a New Social Contract

Global Research News Hour 2017 Summer Series 3

“This agreement with Europe is part of a series…They are not trade agreements. They were labeled trade agreements to fool the public… They are investment and power agreements. They’re to… take power away from the people and give it to foreign banks and corporations.”

-The Honourable Paul T. Hellyer (October, 2016)


CETA a Trojan Horse

During the Trojan War, Greek soldiers hid inside a large wooden horse which was presented to Troy as an offering to the goddess Athena. The soldiers eventually emerged from the horse, opened the gates and allowed Greek soldiers stationed outside to be able to enter and lay siege to the city.[1]

The Comprehensive Economic and Trade Agreement between Canada and the European Union (CETA) might be viewed in such terms. Proponents of the agreement hail it as “the most ambitious and progressive trade deal ever negotiated by Canada or the European Union,” and claim CETA “will create jobs, strengthen economic relations and boost Canada’s trade with the world’s second-largest market.”

However, critics argue CETA, like other so-called trade agreements contain provisions that undermine national governments to the benefit of trans-national banks and corporations.

Paul Hellyer is one such critic.

In particular, he sees the ability of sovereign governments to finance critical infrastructure, environmental and other initiatives being jeopardized by CETA. Hellyer believes the time has come for a new social contract, but CETA once ratified would impede forever Canada’s ability to undertake these vital nation-building projects.

Paul Hellyer presented on this topic in front of an audience of about a hundred people at the University of Winnipeg as part of a speaking tour coinciding with talks between Canada and the European Union to finalize and sign the CETA.


Video courtesy of Canadian Bank Reformers, and was originally recorded by community videographer Paul S Graham. Find the original raw recording here.

CETA was signed in Brussels about ten days after this talk took place. It is now on course for provisional application by September 21, 2017.

For more background on CETA and monetary reform, as well as a Canadian Constitutional court challenge of the deal, please visit

Paul Theodore Hellyer is an engineer, and political commentator. He is the longest serving member of Canada’s Privy Council having served in Canada’s House of Commons as far back as 1949 under Prime minister Louis St. Laurent. Hellyer has served as Minister of National Defence, and as acting Prime Minister. He founded the Canadian Action party in 1997 to provide Canadians with an economic nationalist option in the face of Free Trade and other legislation threatening the sovereignty of Canada. He has written multiple books addressing the theme of money, and threats to Canadian democracy. These include Funny Money: A Common Sense Alternative to Mainline Economics  (1994), Goodbye Canada (2001) , Light at the End of the Tunnel: A Survival Plan for the Human Species (2010), and The Money Mafia: A World in Crisis (2014).


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Articles by: Michael Welch and Hon. Paul Hellyer

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