Canadians have been “outfoxed” in the Trans-Pacific Partnership trade agreement and will now be forever bound by a deal harmful for innovation, Jim Balsillie, former co-CEO of Research In Motion (BlackBerry Ltd.), has said, after studying the fine print.
Balsillie, who helped turn BlackBerry into a global player and is on the list of 100 richest Canadians, predicted that TPP will cost Canada hundreds of billions of dollars, lamenting that its provisions on intellectual property will deal a blow to the future Canadian innovators.
“I’m not a partisan actor, but I actually think this is the worst thing that the Harper government has done for Canada… I think in 10 years from now, we’ll call that the signature worst thing in policy that Canada’s ever done,” the businessman and philanthropist told The Canadian Press after delving into the 6,000-page deal.
These are not mere words for Balsillie, who is also the founder of Canada’s Center for International Governance Innovation.
According to the businessman, the TPP “structures everything forever” in line with the US’s economic interests, while limiting Canadian companies’ growth – “and we can’t get out of it.” Full story...
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Balsillie, who helped turn BlackBerry into a global player and is on the list of 100 richest Canadians, predicted that TPP will cost Canada hundreds of billions of dollars, lamenting that its provisions on intellectual property will deal a blow to the future Canadian innovators.
“I’m not a partisan actor, but I actually think this is the worst thing that the Harper government has done for Canada… I think in 10 years from now, we’ll call that the signature worst thing in policy that Canada’s ever done,” the businessman and philanthropist told The Canadian Press after delving into the 6,000-page deal.
These are not mere words for Balsillie, who is also the founder of Canada’s Center for International Governance Innovation.
According to the businessman, the TPP “structures everything forever” in line with the US’s economic interests, while limiting Canadian companies’ growth – “and we can’t get out of it.” Full story...
Related posts:
- Worse than we thought: TPP a total corporate power grab nightmare...
- Secret trade deal can only be read in secure 'reading room' in Brussels...
- Canada claims it will back out of TPP to protect its sovereignty...
- Belgium leaves TTIP... One town at a time...
- Australian politicians slam TPP for ‘excessive secrecy’
- 'Blind agreement' and closed-door deals: Report slams TPP negotiations...
- European Parliament TTIP vote cancelled ‘because of huge public pressure’
- Why artists are saying no to TTIP ...
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