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  • Canada Caught! Canada In Violation of NAFTA! NAFTA Possibly In Jeopardy. Free Republic Exclusive.

    03/29/2004 3:58:51 PM PST · by Southack · 21 replies · 173+ views
    Free Republic, CBS MarketWatch, Blakes.com Law Review | 3/29/04 | Southack
    Canada is in violation of the NAFTA treaty.  Per Chapter 11, Article 1102 of NAFTA, each signatory nation of the NAFTA treaty must offer an equal or preferable investment playing field to the investors of all other signatory nations (see below). Evidence of direct violations of this NAFTA requirement is provided below from CBS Marketwatch, though they don't catch the violations themselves.These violations of NAFTA are due to Canadian law that currently mandates that Canada's mutual fund trusts must be run for predominantly Canadian, rather than U.S. or Mexican, shareholders. Economic penalties for failing to comply with this Canadian law, or with...