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Decentralized Democracy

House Hansard - 266

44th Parl. 1st Sess.
December 12, 2023 10:00AM
Context: House Hansard - 266 - Dec/12/23
Mr. Richard Cannings (South Okanagan—West Kootenay, NDP)
  • Dec/12/23 1:18:20 p.m.
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Madam Speaker, I would like to thank my colleague, the member for Saint-Hyacinthe—Bagot, for his speech. I would also like to thank him for his support at committee during the discussions on the investor-state dispute mechanism question. I would like to give him some more time to expand on that. He mentioned that the ISDS gives corporations the status of sovereign nations. It puts them above Canadian corporations here in Canada. It brings up the possibility that Ukraine would be on the hook for huge settlements if one of these disputes was made against Ukraine by a Canadian company. I am wondering if the member could comment on that and comment on why the world is moving away from ISDS agreements while Canada seems stuck in that lane.
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