Cameco uses subsidiaries and related companies in known tax-haven countries to lower their taxes in Canada. This often-used strategy by corporations is costing Canadians over $10 billion per year.
Although the new U.S.-Mexico-Canada trade deal phases out NAFTA's Chapter 11, analysis suggests transnational capital has other tricks up its sleeve to challenge the public interest.
rabble radio special
Jerry Dias talks about the good and the bad in the new free trade deal and why it's good for the auto sector.
At midnight on Sunday, Canada and the U.S. agreed on a new NAFTA deal, now called the U.S.-Mexico-Canada Agreement. Here is the good, the bad and the ugly within the agreement.
David J. Climenhaga
As Britain's looming Brexit catastrophe shows, so-called trade agreements are easier to get into than out of. So there was not much to be done but negotiate the least awful deal possible.
Pierre Trudeau called the original trade deal with the U.S. "a monstrous swindle." The new deal is that, plus a set of unnecessary capitulations to shut up Donald Trump on trade. It won't.
Trudeau says it's "a good day for Canada," but is that really the case? While the full text of the USMCA needs to be thoroughly analyzed, a preliminary review raises numerous concerns.
The North American Free Trade Agreement has harmed many. NAFTA 2.0 is unlikely to be any different.
Union work stoppages have become quite rare in Canada. Perhaps it's not surprising many Canadians have forgotten (or never learned) how these things actually work.
The renegotiation of NAFTA is approaching a significant deadline on September 30. That's the date set out by Washington to deliver the text of a deal with or without Canada.