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posted by cmn32480 on Tuesday November 10 2015, @02:46PM   Printer-friendly
from the which-way-tot-he-chicken-coop dept.

Jim Balsillie of BlackBerry fame has come out against the TPP.

From the CBC article:

Jim Balsillie warns that provisions tucked into the Trans-Pacific Partnership could cost Canada hundreds of billions of dollars — and eventually make signing it the worst public policy decision in the country's history.

After poring over the treaty's final text, the businessman who helped build Research In Motion into a $20-billion global player said the deal contains "troubling" rules on intellectual property that threaten to make Canada a "permanent underclass" in the economy of selling ideas.

...

And unlike legislation passed in Parliament, he noted treaties like this one set rules that must be followed forever. This deal, he added, also features "iron-clad" dispute mechanisms.

"I'm worried and I don't know how we can get out of this," said Balsillie, who's also helping guide the creation of a lobby group that would press for the needs of Canada's innovation sector.

"I think our trade negotiators have profoundly failed Canadians and our future innovators. I really lament it."


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  • (Score: 2, Informative) by Anonymous Coward on Tuesday November 10 2015, @03:42PM

    by Anonymous Coward on Tuesday November 10 2015, @03:42PM (#261297)

    Of course there's minimum covarage about it in states. The whole idea was to give corporations of USA an upperhand with unfair business practises. It makes it better for the USA corporations. Everyone else suffers. So the idea is to be quiet about that as much as possible. Since the american public does not need to know about that and you don't want the other countries to know how deep in shit they are, you don't gloat about it in the press.

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