Many of the promises -- increased productivity, more jobs, more money in our pockets -- have simply not come true. This is ironic because, as free trade agreements become toxic all over the world, Canada, a country bound by a long-standing trade deal, has not had a comprehensive debate on the proposed CETA (trans-Atlantic) or TPP (trans-Pacific) agreements.
Our current first-past-the-post (FPTP) electoral system has regularly awarded 100 per cent power to one of Canada's two established "centrist" political parties -- the Liberal Party or the Conservative Party(formerly, Progressive Conservative Party) -- even when their share of the popular vote has been well below 50 per cent of total votes cast, nationwide.
Trump, a profound nationalist, is often described as an isolationist with regards to his foreign policies, namely his strong opposition to NAFTA (North American Free Trade Agreement). This in particular would greatly affect Canada in terms of trade policy, jobs, unions, a large part of the Canadian economy, even the exchange rate if he were to actually win in the general election this November.
In many countries, there is a debate over how much power we give to corporations. And it is boosting populist right-wing parties and left-wing parties that are against trade. In Europe, many of the right-wing parties are opposing free trade agreements. At the same time, from the left of the spectrum, voices such as Bernie Sanders and Jeremy Corbyn are also targeting free trade.
Should Canada not ratify the agreement now and decide to try and join later, it's doubtful that any of the probably hundreds of exemptions and carve-outs that it currently has would be offered again. In other words, if you don't like this version of the TPP you'll be less happy with what we would get later.
If Keystone XL were built, it would produce 110 million tons of carbon dioxide emissions every year, which is incompatible with effective U.S. action to cut climate pollution. Ultimately, the loser isn't the big bad Americans; it's our environment, and the right of governments to protect it for their citizens.
When our democracies try to act on climate, trade agreements get in the way. For over 20 years, we have been fighting ISDS, the investor state dispute settlement clause in Chapter 11 of NAFTA, which allows companies to sue states over their decisions. It is a favourite tool of energy and mining companies.
I cannot help thinking that, while countries rush to sign trade deals such as CETA and the new TransPacific Partnership, they cannot seem to get a binding climate change agreement. Very little at the UN or in previous climate conferences has been binding. CETA and TPP are both major trade deals that must be fought.
The TPP court could pose a roadblock for Canada to fulfill its obligations with regard to the right to health, including access to healthcare and the underlying social determinants of health. For example, the TPP could block governments from establishing a national PharmaCare plan that would increase access to prescription drugs but could decrease pharmaceutical companies' profitability.