BBC: "Germany's Constitutional Court has rejected a legal challenge to the EU-Canada free trade deal (CETA) from campaigners who call it undemocratic. The campaigners object to the fact that parts of CETA will be implemented before all national parliaments in the EU have voted on it. EU trade ministers are to vote on CETA next week. It requires unanimous support. If they all approve it, the deal can be signed on 27 October. CETA would remove many trade barriers."
The U.S.-Canada Beyond the Border agreement is wide-ranging in its impact. Indeed, Prime Minister Harper referred to it Wednesday as "the most significant step forward in Canada-U.S. co-operation since (NAFTA)". This deal promises regulatory alignment (including the food and automotive sectors), quicker border crossings for business or travel (with pre-clearance options), and "screened once, accepted twice" cargo. Perhaps the biggest concern for Canadians however are the changes this agreement could have for their privacy. [more inside]
It's the ten-year anniversary of NAFTA this week. Has it been a success? [more inside].
Canadian faces jail in U.S. for trade with Cuba. James Sabzali faces trial on 77 accounts of of conspiracy and of trading with the enemy, nearly half of which relate to buisness conducted when Sabzali was working in Canada. Assistant U.S. Attorney Joseph Poluka concedes that while living in Hamilton the defendant was "technically not subject to jurisdiction.", but maintains that "foreign nationals cannot aid and abet violations of U.S. law." Does this mean the United States has an open licence to prosecute foreigners for acts committed against American laws on foriegn soil?
Last week, the WTO ruled against a corporate welfare program for US exporters (again). This week, a Canadian hemp company claims the US owes them US$20m under NAFTA for harrassment and impinging on future returns.