Tradelines News

Get the latest news and updates on cross-border customs and international trade.

NAFTA Defeat ‘Disappoints’ Federal Government

Posted March 26, 2015

Under Economic Issues, International Trade Issues

(Paul Withers – CBC News)

The federal government is responding – albeit briefly – to a recent North American Free Trade Agreement tribunal decision finding Canada liable for damages for wrongly rejecting a U.S. company’s bid to open a quarry in Digby County.

“Canada is disappointed in the tribunal’s ruling and we are considering all available options moving forward,” John Babcock, spokesperson for Foreign Affairs, Trade, and Development said in an emailed statement to CBC News.

Foreign Affairs would not answer questions about the case, including whether Ottawa intends to ask Nova Scotia to share the cost of whatever compensatory damages are awarded in future. Click here to read more.