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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, Touché) by khallow on Tuesday November 10 2015, @06:37PM

    by khallow (3766) Subscriber Badge on Tuesday November 10 2015, @06:37PM (#261375) Journal

    However when I read the article I noted that Balsillie is not concerned about the little guy, but rather himself and others like him losing out to US companies. It does read like an incoherent tirade with no specifics. Which is amusing because I guess the only thing corporations really fear is not law, people, or ethics, but competition. I think he can roast in his own manure.

    We wouldn't want allies with common ground.

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