Greens say they would restructure trade relations to address climate change
SAANICH, B.C. — The federal Greens would restructure Canada’s global trade relations if elected Monday, party leader Elizabeth May said Friday, arguing current agreements favour the rights of corporations at the expense of environmental protections.
“It’s time to look at the web of trade deals and investor-state agreements that have operated, and in my view operated illegally, against the way the General Agreement on Tariffs and Trade was initially negotiated,” May said at a campaign stop in Nanaimo, B.C.
“Those rights of trans-national corporations, of big oil, have superseded our ability to negotiate treaties that actually work to protect our climate.”
The party is particularly critical of investor-state agreements, which can include a dispute settlement mechanism that allows charges to be brought against a country hosting an investment by another country or investor.