The Trudeau government has been calling CETA the "most progressive" free trade deal ever. But the deal does not require the payment of living wages; it does not mandate a crackdown on tax evasion; and it certainly does not try to guarantee the "peace of mind ... that come[s] with stable, full-time contracts."
When the full text of CETA was released in February 2016, we all thoroughly analyzed the deal. Each of us came to the conclusion that it wasn't a good deal for workers, so together we set to work to find areas where we could either block the deal or change it in a way that would protect workers' and citizens' interests in Canada and Europe.
Thanks to access to capital, technology and talent, the UK has established itself as the leading global Fintech centre, with London at its centre. Canada is also a leading Fintech nation. There is excellent access to capital, technology and talent, from the Toronto-Waterloo corridor in Ontario to Vancouver in British Columbia.
The federal government is ramming ratification of the Comprehensive Economic and Trade Agreement (CETA) through Parliament in a process as undemocratic as the deal itself. Bill C-30 to implement the trade deal with Europe was brought before Parliament for second reading this week, and is expected to pass by today.
There are lessons for the New Democratic Party and the Canadian Labour Congress in the stunning defeat of Hillary Clinton. The NDP should grow a backbone and learn to more vigorously fight trade agreements such as the CETA and TPP because workers in this country are suffering just as much as their American counterparts.
During the last federal election, the Liberals promised more free votes in the House so MPs could more effectively represent their constituents. The TPP is an issue that demands our representation. It will affect every Canadian, but will have specific and diverse impacts on different parts of the country.
The bottom line is that Canada now appears as the only 'adult' in the room when it comes to global trade negotiations. Should the U.S. continue to fail and flail in its attempts to bring the TPP to a vote, that comparative distinction will carry through to Asian countries looking to pick up the pieces of a failed TPP and gain access to the NAFTA market.