Saturday, April 7, 2007

TILMA

On April 1st, the BC and Alberta governments' Trade, Investment, and Labour Mobility Agreement (TILMA) came into effect. It is a far-reaching free-trade pact which was signed without a public consultation or any debate in the legislature. The Council of Canadians is urging citizens to take a closer look at the agreement. Key areas of concern include:TILMA takes away the power of the provincial and local governments to pass any measures (laws, regulations, programs, etc.) that restrict investment, trade, or labour mobility.TILMA will result in the radical de-regulation of the B.C. and Alberta economies. All government measures will be open to challenge - even measures designed to protect the environment and public health are vulnerable to attack from corporate lawsuits with compensation penalties as high as $5-million.The complaints will be judged by an unelected and unaccountable panel of trade lawyers, behind closed doors. The public will not have any input into the panel.To learn more about TILMA and find out about local citizen actions, visit the TILMA link.