Wednesday, March 29, 2017
Martha O’Brien (University of Victoria Faculty of Law) presents Canada’s International Investment Agreements and Direct Taxation at Toronto today as part of its James Hausman Tax Law and Policy Workshop Series:
The General Framework
The promotion of international trade and investment has been a central policy goal of Canadian federal and provincial governments for many years. From the signing of the Canada-United States Free Trade Agreement (CUSFTA) in 1988, the inclusion of Mexico in the North American Free Trade Agreement (NAFTA) in 1993, and the conclusion of numerous BITs and other free trade agreements that include investment chapters (referred to as international investment agreements or “IIAs”) through the 1990s and 2000s, Canada has a record of actively pursuing bilateral and multilateral trade and investment agreements.
It is a founding member of the GATT and a member of the WTO since its creation in 1994, but is not a party to the Energy Charter Treaty. Canada’s current published international trade policy can be found in the “Global Markets Action Plan” released in November 2013.