A comment about Our Dear Expropriation on a contemporary
CBC news story:
Lostinspace wrote:Posted 2008/12/04at 9:11 PM ET
Under NAFTA rules, NL may have to pay compensation to Abitibi if legislation is introduced to reverse timber and Hydro rights. I believe to NAFTA trade deal has a provision whereby if a government introduces legistalion which adversely affects there buisines then the company can sue(and in American courts) for compensation for loss of revenue/business. That is why DW(a lawyer) is dragging his feet on reclaiming water and timber rights. Could cost us a fortune in the future if he goes ahead with it.
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