Madam Speaker, my colleague spoke about the importance of promoting free trade with partners like Europe that have similar laws on human rights, environmental regulation, and more specifically labour rights. I would like to draw his attention to the matter of environmental regulation and the investor-state provisions.
Let us look at a specific example of the use of chapter 11 of NAFTA. In 2011, Quebec refused to issue a fracking permit to Lone Pine Resources, a Calgary-based company with subsidiaries in the United States. That company took advantage of the loophole to take the Government of Canada to court and seek $230 million in restitution.
Under the investor-state provisions, a European company could do the same, so although I believe that the European countries are acting in good faith when it comes to their relationship with Canada, unfortunately, I do not have the same trust in their corporations.
Is my colleague not worried about this type of provision and that fact that it puts the federal government and other levels of government in Canada at risk?