Mr. Speaker, I would like my colleague to talk about the investor-state dispute settlement, which, among other things, allows investors to sue states directly before an international tribunal.
In the North American Free Trade Agreement, there was a provision in Chapter 11 that was removed when the Canada-United States-Mexico Agreement was renewed in 2020. This chapter was abolished so that multinational corporations and large institutions would not have a disproportionate amount of power to sue countries and make it more difficult for them to legislate in their own jurisdiction. The World Trade Organization already exists to allow countries to settle such disputes among themselves.
I would like my colleague to explain why he agrees with giving more power to multinational corporations and limiting government action and intervention, when there are already international tribunals, including the World Trade Organization, that can resolve these disputes.