TransCanada formally seeks NAFTA damages in Keystone XL rejection

[longknife]

So Obama rejects the pipeline and the company is now seeking 15 BILLION in damages from us! Trump says he will approve it if elected. What a screwy situation.



Full story @ TransCanada formally seeks NAFTA damages in Keystone XL rejection
TransCanada formally seeks NAFTA damages in Keystone XL rejection

 

[Toro]

You know, the funny thing about this is that for many years, the Left in Canada used this clause in NAFTA as a reason why Canada should abrogate the treaty. They were afraid that the Canadian government would be liable for American companies bringing charges for restricting their operations in Canada. Us on the right in Canada who supported liberty and free trade had to counter this charge. There was only one US company which brought an action to the tribunal IIRC, and they lost.

Now, it's a Canadian company that's bringing a claim against the US government. I hope TransCanada wins! But I don't think they will.

 

[HenryBHough]

Was not NAFTA one of the prime jewels in The Clinton Crown?

 

[Moonglow]

Was not NAFTA one of the prime jewels in The Clinton Crown?

Started by Reagan, pushed by Boosh sr....yeah it was Clinton's only, yet it was Congress which passed the measure also...and they were what? GOP or Democratic?

 

[Moonglow]

You know, the funny thing about this is that for many years, the Left in Canada used this clause in NAFTA as a reason why Canada should abrogate the treaty. They were afraid that the Canadian government would be liable for American companies bringing charges for restricting their operations in Canada. Us on the right in Canada who supported liberty and free trade had to counter this charge. There was only one US company which brought an action to the tribunal IIRC, and they lost.

Now, it's a Canadian company that's bringing a claim against the US government. I hope TransCanada wins! But I don't think they will.

Us on the right in Canada who supported liberty and free trade had to counter this charge.

This would defiantly make you a liberal..

 

[Agit8r]

So Obama rejects the pipeline and the company is now seeking 15 BILLION in damages from us! Trump says he will approve it if elected. What a screwy situation.



Full story @ TransCanada formally seeks NAFTA damages in Keystone XL rejection
TransCanada formally seeks NAFTA damages in Keystone XL rejection

 

[HenryBHough]

Better were Obama held personally liable. That might slow construction on the dream home-in-exile in Cuba!