“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)
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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.
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.
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