It's a system available exclusively to foreign investors. Some people call it a justice bubble. It allows foreign investors going into a host country to bring with them a series of standards for the treatment of investors, taken mainly from U.S. and U.K. law, and then apply those outside of the courts and have arbitral panels decide for them.
That's why I think Mr. Vaillancourt was saying it's not a very democratic process. There's no recourse in this treaty for countries to hold investors to account for their projects, say, if they're not actually doing anything or if there are illegal activities or whatnot.