Wednesday, 31 October 2012 00:00
Mr. Paul Dewar (Ottawa Centre, NDP):
Mr.Speaker, I appreciate being given the floor to speak about an urgent and troubling situation. This week, the most consequential investment agreement that Canada has signed since NAFTA is set to be ratified without any debate or study in Parliament.
The text of the Canada-China foreign promotion and protection agreement, known as FIPA, was only made public a few weeks ago. The few experts who have looked into the fine print of the treaty are raising serious concerns for investors, Canadian industries and even provincial governments. The NDP has called for this agreement to be studied, debated and brought forward for a vote, but to no avail. That is why today, as a last resort, we are calling for an emergency debate on this controversial treaty.