Mr. Speaker, I thank all of my NDP and Green Party colleagues who participated in today's very important discussion on this bill.
This bill is about approving a free trade agreement with the European Union that could have a major impact on thousands of workers, our communities, the provinces, and hospital patients. It was worth taking the time to discuss this.
Unfortunately, the Liberal government seems to want to cut the debate short after spending very little time consulting people. That is the opposite of what happened with the trans-Pacific partnership, which got people up in arms. I get the feeling the Liberals did not want to go through that again. That is too bad because we could have made time for individuals, organizations, members of civil society, and experts to unpack a massive agreement that may have hard-to-predict consequences.
Besides, the Liberal Party members have been completely absent in this debate. It feels as though they want to completely wash their hands of this, like Pontius Pilate, and be done with it as quickly as possible. I remember a song from a few years ago called “What happened to all the real rebels?” Today we could be asking what happened to all the Liberal members. You could say the Liberals are missing in action. It is too bad, because they keep saying that they are proud of this free trade agreement, and yet we have hardly heard anything about it today from the governing party.
It is important, because the European Union is a natural trading partner for Canada. Our countries are western democracies governed by the rule of law with a minimum of protections for workers, some freedom of association, as well as environmental standards. The European Union is definitely a natural trading partner for us. If we want to export our products, goods, and services to a more diverse range of markets, Europe seems to be just the place for us to do business.
However, just because something seems promising does not mean that it is. When we examine the details, we see that there are major pitfalls. The main one I would like to talk about is the dispute resolution mechanism. We have experience with that in North America as a result of chapter 11 of the North-American Free Trade Agreement, or NAFTA, negotiated with our partners the United States and Mexico.
NAFTA's infamous chapter 11 allows companies to sue different levels of government over decisions that could diminish their current or forecast corporate profits. A similar dispute resolution mechanism is in the free trade agreement that the current Liberal government is trying to sell us.
First, it threatens our democracy and our sovereignty because it gives multinationals the right to sue in certain tribunals over the decisions of our elected representatives. That is not fantasy, it is reality. The NAFTA experience was a rather painful one for Canada because 70% of corporations' lawsuits under NAFTA against federal, provincial, regional, or local governments were lost by Canada.
In 2013, Lone Pine Resources sued Canada for $250 million after the Quebec government stopped oil and gas exploration projects in the St. Lawrence River. We have a duly elected government that wants to take steps to protect the environment and ecosystems, as well as the jewel that is the St. Lawrence, and a company that complains and sues because the government's actions will deprive it of future profits. This case could cost us $250 million and it is just one example of many.
As long as there is this sort of charter of corporate rights that flies in the face of people's democratic rights, the NDP will stand up and oppose it, and we are not the only ones.
Members will recall that the Walloon parliament recently took a stand against the agreement for the exact same reason. Let us remember that the Walloon parliament did not accept the Canada-European Union comprehensive economic and trade agreement as it stands. It agreed to sign on the condition that the dispute resolution mechanism is removed or drastically changed. It is still opposed to that mechanism. We are far from an agreement because the 28 national parliaments of the European Union still have to go through the ratification process. We therefore cannot understand why the government is in such a rush. This process is going to take months if not years to complete.
The price of drugs is another concern for us because it affects people's lives and their health. This free trade agreement will change the intellectual property rules regarding drugs, which will drive up the cost.
Some organizations are saying that the cost of drugs may even go up by $2.8 billion a year, which is an average of $80 per Canadian per year. However, that average includes those who are not sick and who are lucky enough not to have to pay for drugs. Under the Liberals' free trade agreement, drugs could cost an average of $80 more per person and even more for those who are sick.
I think that these reasons are sufficient for us to oppose this harmful free trade agreement.