U.S. Corporations Launch Wave of NAFTA Attacks on Energy, Fracking and Medicines

U.S. Corporations Launch Wave of NAFTA Attacks on Canada's Energy, Fracking, and Medicines Policies

U.S. corporations have launched an alarming new offensive against Canadian health and environmental policies under the North American Free Trade Agreement (NAFTA). Three U.S. firms recently announced plans to use the ?trade? pact to seek nearly one billion taxpayer dollars in private, NAFTA-created tribunals as compensation for Canadian policies on fracking, wind energy, and medicine patents.

Of the three corporate threats, perhaps most worrisome is the notice filed by U.S.-based pharmaceutical giant Eli Lilly, which became public this week. It marks the first attempt by a patent-holding pharmaceutical corporation to use the investment provisions in NAFTA (or any other U.S. FTA) as a tool to push for greater monopoly patent protections, which elevate the cost of medicines. (See our comments on the historic move in a post yesterday over at Pharmalot.)

read full article http://citizen.typepad.com/eyesontrade/2012/12/us-corporations-launch-wave-of-nafta-attacks-on-canadas-energy-fracking-and-medicines-policies.html

Source: http://www.vivelecanada.ca/article/235931167-u-s-corporations-launch-wave-of-nafta-attacks-on-energy-fracking-and-medicines

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