North America

Canada and the United States have signed over 170 international investment agreements. The largest of these include the North American Free Trade Agreement (NAFTA) with Mexico and the Trans-Pacific Partnership (TPP) with ten other Pacific Rim states, currently in the process of being ratified.

The US is also party to the Dominican Republic–Central America Free Trade Agreement (CAFTA) and is negotiating the Transatlantic Trade and Investment Partnership (TTIP) with the European Union.

Canada has signed the Foreign Investment Promotion and Protection Agreement (FIPA) with China and the Comprehensive Economic and Trade Agreement (CETA) with the European Union, the latter one yet to be ratified.

US investors have extensively used the investor-state dispute settlement (ISDS) provisions of these treaties. They have initiated around 130 disputes, over 20% of all known cases, making it the most frequent home state of the investor. The US has never lost an ISDS litigation.

On the other hand Canadian investors have initiated about 35 disputes and Canada has been the second most frequent target among developed states (5th globally).

(October 2015)

Observatoire des Multinationales | 17-Sep-2018
Les arbitres de la Cour permanente d’arbitrage ont sommé l’Équateur de récuser son propre système judiciaire.
EJIL: Talk! | 14-Sep-2018
The task no longer lies with interpreting investment treaties alone and trying to reform investment arbitration in general – but designing an entirely cohesive system for international environmental justice that is open to the actual victims of environmental disasters and not just the States that often fail to genuinely represent them.
Public Citizen | 13-Sep-2018
In letter to US Trade Representative, lawmakers say ISDS undermines state sovereignty and lawmaking.
TeleSur | 12-Sep-2018
Victims of Chevron-Texaco’s pollution of the Ecuadorean Amazon have vowed to fight to protect the ruling which has granted them compensation.
CNCD 11.11.11 | 11-Sep-2018
Le jugement du panel d’arbitrage s’abat comme un couperet sur les 30.000 personnes affectées par les dégâts de l’exploitation pétrolière de Chevron en Amazonie.
TeleSur | 10-Sep-2018
Ecuador will be forced to pay economic reparations to the oil giant. The over 30,000 affected people in the Amazon haven’t received any compensation.
RFI | 10-Sep-2018
La Cour permanente d’arbitrage de La Haye a annulé un jugement de la justice équatorienne condamnant la compagnie pétrolière américaine Chevron à payer 9,5 milliards de dollars de dédommagement pour dégâts écologiques dans la région amazonienne de l’Equateur.
CDES | 10-Sep-2018
The signatories of this letter wish to express their rejection of this decision and their support for the people of Ecuador and the organizations that have defended the communities affected by Chevron Texaco.
CDES | 10-Sep-2018
Les signataires de cette lettre souhaitent exprimer leur rejet de cette décision et leur soutien apporté à la population de l’Équateur et aux organisations qui ont défendu les communautés affectées par Chevron Texaco.
CDES | 10-Sep-2018
Las firmantes de la presente carta queremos expresar nuestro rechazo a este fallo y el apoyo al pueblo de Ecuador y a las organizaciones que han defendido a las y los afectados por Chevron Texaco.

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