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Canadian Lawyer Magazine quotes Clifford Sosnow in an article on the trade agreement reached between Canada, the U.S. and Mexico

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“Trade agreement good for Canada” by Gabrielle Giroday, Canadian Lawyer Magazine

Canadian Lawyer Magazine quotes Toronto/Ottawa lawyer, Clifford Sosnow, in an article on the trade agreement reached between Canada, the U.S. and Mexico.

Clifford Sosnow, an Ottawa-based partner with Fasken Martineau DuMoulin LLP and co-chairman of the firm’s international trade and investment group, says the survival of Chapter 19 is noteworthy and that Chapter 11 is “gone.” Chapter 11 — which was also known as investor-state dispute settlement — is where investors can take countries to an international panel of arbitrators for violation of the NAFTA investment rules.

“There are three areas that remain as it applies to Mexico, between the U.S. and Mexico on telecom infrastructure and oil and gas, and then Canada will now have to use the investor-to-state dispute settlement provision [of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership], but Canada has yet to ratify, but it’s working its way through Parliament,” he says.


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