Stephen Harper was the last Prime Minister of Canada that was not an international embarrassment, but he was subversive. He served as Canada's Prime Minister from 2006 to 2015, oversaw the signing of several international agreements that some Canadians believe may have undermined the country's sovereignty in certain areas. Here are a few examples:
The Canada-China Foreign Investment Promotion and Protection Agreement (FIPA): In 2012, Harper's government signed a 31-year agreement with China that aims to promote and protect foreign investment between the two countries. However, some critics argue that the agreement gives China too much power and could compromise Canada's sovereignty. For example, the FIPA requires disputes to be resolved through arbitration, which means that Canadian courts may not have the final say on certain matters.
The Canada-European Union Comprehensive Economic and Trade Agreement (CETA): In 2016, Harper's successor, Justin Trudeau, signed the CETA, a free trade agreement between Canada and the European Union. While the agreement has been praised by some for its potential economic benefits, others argue that it could weaken Canada's sovereignty by giving foreign companies more power to challenge Canadian laws and regulations.
The Trans-Pacific Partnership (TPP): Harper's government was one of 12 countries that signed the TPP in 2015, but the agreement was never ratified due to opposition from some members of the Canadian public and government. Critics argue that the TPP would have given foreign corporations too much power and could have made it harder for Canada to regulate certain industries.
While these agreements have supporters and detractors, some Canadians believe that they could compromise Canada's ability to make independent decisions on matters that are important to the country. It's important to note that different people may have different opinions on the impact of these agreements, and that it's possible to have constructive debates about their implications for Canada's sovereignty and interests.
The FIPA agreement has allowed the Chinese Communist Party (CCP) to invest in the Canadian market by providing them with greater certainty and protection for their investments. Prior to the agreement, Chinese investors faced a great deal of uncertainty and risk due to the lack of legal protections for foreign investors in Canada. The FIPA agreement helps to mitigate these risks by establishing clear guidelines and standards for investment protection, dispute resolution, and transparency.
As a result, the CCP has been able to invest heavily in the Canadian market. One example of this is the acquisition of Canadian oil and gas company Nexen by the Chinese state-owned oil company CNOOC in 2013 for $15.1 billion. This acquisition was possible in part because of the protections and certainty provided by the FIPA agreement.
The FIPA agreement has also been controversial in Canada, with some critics arguing that it undermines Canadian sovereignty and provides greater protections for foreign investors than Canadian citizens. There have also been revelations about the Chinese investors using their investments to influence Canadian politics and policy.
The FIPA agreement has allowed the CCP to invest in the Canadian market by providing greater certainty and protection for their investments. While this has led to significant investment in Canada, the agreement has also been criticized for potentially compromising Canadian sovereignty and undermining the interests of Canadian citizens. Like it or not it is happening as you read this book. Anyone that has looked for a job in the oil & gas field here in Canada knows that there are no more Suncor jobs or “Petro Canada” jobs, but you can be damn sure to find jobs for a Chinese owned company who has hiring preferences that go against Canada’s mantra of diversity and inclusion.