“The Keystone XL case is a clear example of a company wanting to be compensated for making a risky bet,” wrote senior researcher Stuart Trew and Queen’s University professor Kyla Tienhaara, the report’s co-authors.
The company hopes to use a three-year grace period for NAFTA disputes that was included in the new USMCA, known in Canada as CUSMA. By the report’s count, some 15 investors including TC Energy lodged their disputes after NAFTA expired but before the grace period ended April 30.Article content “The U.S. argues that, had the CUSMA parties wanted to simply extend NAFTA’s investment rules and ISDS procedures for another three years, they would have done so through a boilerplate sunset clause,” the report says.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Energy Energy Latest News, Energy Energy Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Ottawa urged to back U.S., not TC Energy, in $15B lawsuit over demise of Keystone XLA progressive public policy think tank is urging the federal government to side against oil and gas transmission giant TC Energy in its ongoing dispute with the United States over the ill-fated Keystone XL project.
Source: CTVNews - 🏆 1. / 99 Read more »
Ottawa urged to back U.S., not TC Energy, in $15B lawsuit over demise of Keystone XL | National NewswatchNational Newswatch: Canada's most comprehensive site for political news and views. Make it a daily habit.
Source: natnewswatch - 🏆 58. / 59 Read more »
Ottawa urged to back U.S., not TC Energy, in $15B lawsuit over demise of Keystone XL - BNN BloombergA progressive public policy think tank is urging the federal government to side against oil and gas transmission giant TC Energy in its ongoing dispute with the United States over the ill-fated Keystone XL project.
Source: BNNBloomberg - 🏆 83. / 50 Read more »
Ottawa urged to back U.S., not TC Energy, in US$15-billion lawsuit over demise of Keystone XL projectThe lawsuit is based on the investor-state dispute rules in the now-expired NAFTA, as well as that deal’s successor, which included a three-year extension of those rules for so-called ‘legacy’ investors
Source: globepolitics - 🏆 12. / 78 Read more »
Ottawa urged to back U.S., not TC Energy, in $15-billion lawsuit over demise of Keystone XLA think tank is urging the federal government to side against TC Energy in its ongoing dispute with the U.S. over Keystone XL. Read on.
Source: financialpost - 🏆 7. / 85 Read more »