TPP to ease scrutiny for foreign takeovers of Canadian companies

Business | 206891 hits | Nov 05 11:48 am | Posted by: DrCaleb

Pact decrees investments of less than $1.5-billion not subject to Investment Canada examination, up from $600-million

Comments

by DrCaleb
Thu Nov 05, 2015 8:26 pm
http://arstechnica.com/tech-policy/2015 ... -released/

"The TPP means that America will write the rules of the road in the 21st century," Obama said. "If we don't pass this agreement?if America doesn't write those rules?then countries like China will."

Might as well, eh?

In the transparency annex, the TPP requires countries to give drug companies more rights to monitor and challenge government decisions on reimbursements on drugs, basically to hassle and sue governments when they push back on high drug prices.

Oh, that'll be wonderful! Just as many of us are getting old too!
by Canadian_Mind
Fri Nov 06, 2015 5:00 am
Oddly enough the release of this document co-incided with a significant drop in the value of every investment I own. It isn't many (The value of my army pension funds), but I'm not happy none the less.
by DrCaleb
Fri Nov 06, 2015 2:17 pm
"Canadian_Mind" said
Oddly enough the release of this document co-incided with a significant drop in the value of every investment I own. It isn't many (The value of my army pension funds), but I'm not happy none the less.

Co-incidence is not causation. Valient took another hit today because of some interesting accounting practices. It took a lot of the TSX with it. It'll recover.

Meanwhile, the TPP will make what VW did with their diesel engines ever easier.
by smorgdonkey
Fri Nov 06, 2015 2:24 pm
But it will be fantastic for trade!!

Really, it will.
by DrCaleb
Fri Nov 06, 2015 2:35 pm
"smorgdonkey" said
But it will be fantastic for trade!!

Really, it will.

It very well might be. But it's also very draconian on copyright, to the detriment of innovation.

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