Mr. Speaker, could my colleague tell me exactly what Canada stands to gain from this investor state dispute settlement mechanism?
After signing the investor state dispute settlement section, chapter of 11 of NAFTA, the Canadian government had to pay hundreds of millions of dollars to American companies and lost the capacity and the possibility to legislate environmental policies or investment policies.
I would like the member to tell us what exactly we are going to get from this kind of mechanism in another trade agreement. Are we going to have to pay hundreds of millions of dollars to Korean companies, as we did for American companies? I would like the member to tell us what we are going to get from these kinds of mechanisms.