International Trade committee  The FIPA will apply to current investment and future investment. The only portion of the treaty that does not apply to future investment is the national treatment at what we call the pre-establishment phase—that is, before the investment is actually established—but every other pr

International Trade committee  Sectors where investment is prohibited include radioactive materials and rare earth metals. Areas where there are restrictions and approval is required are oil and gas, the manufacturing sector, and financial services.

International Trade committee  It is open to Canadian investors to access those markets, but there are approval processes. There are Canadian investors active in the financial services area and in the manufacturing area. I don't know about oil and gas, but there are active Canadian investors in those other are

International Trade committee  With respect to the assets that were expropriated and the properties about which there are allegations of enormous environmental remediation costs--and I don't know whether or not they're true, but I suspect they are--they're different assets. For one asset that was expropriated

International Trade committee  It's hard to say.

International Trade committee  The company headquarters are in Montreal. AbitibiBowater is a merger of Abitibi Consolidated, which was primarily a Canadian company but did have some operations in the U.S., and Bowater Incorporated, a U.S. company that also had some operations in Canada. Under the merger agreem

International Trade committee  The term was “a note of interpretation”.

International Trade committee  No. I'm not aware of any discussions with the company on environmental remediation. It certainly was an issue that entered into the trilateral discussions, but not in specifics, more in terms of the money that Newfoundland would be willing to contribute to a settlement. But the s

International Trade committee  The Department of Foreign Affairs and International Trade was involved. I'm not aware of any other department being involved.