The Loose Thread That Could Unravel Canada-EU Trade Deal

May 18, 2017

The EU’s top court has confirmed that in at least one controversial area, such deals must be approved by all 28 of the organization’s member states.

Since some EU members, such as Belgium, require the consent of regional as well as national legislatures, this confirms Ottawa’s worst fears: the Comprehensive Economic and Trade Agreement between Canada and the EU must be OK’d by no fewer than 38 separate European parliaments before it comes into full effect.

Tuesday’s ruling by the Court of Justice of the European Union was ostensibly about a 2013 free trade deal between Singapore and the EU. But it sets a precedent for similar yet far more important pacts, including CETA.

In effect, the court ruled that any deal allowing foreign investors to challenge national governments, such as the proposed investment court system within CETA, must be unanimously approved by all EU states.

The investment court system, sometimes called the investor-state dispute mechanism, would allow foreign companies to challenge domestic laws that threaten their profitability. It has long been a flash point in Europe.

Pointing to Canada’s sorry experience with a similar system under the North American Free Trade Agreement, critics argue – correctly – that it lets foreign investors override democratically elected legislatures.

Source: MeatBusiness

Video: Evolution of Beef Cattle Farming

The Clear Conversations podcast took to the road for a special episode recorded in Nashville during CattleCon, bringing listeners straight into the heart of the cattle industry. Host Tracy Sellers welcomed rancher Steve Wooten of Beatty Canyon Ranch in Colorado for a wide-ranging discussion that blended family history and sustainability, particularly as it relates to the future of beef production.

Sustainability emerged as a central theme of the conversation, a word that Wooten acknowledges can mean very different things depending on who you ask. For him, sustainability starts with the soil. Healthy soil produces healthy grass, which supports efficient cattle capable of producing year after year with minimal external inputs. It’s an approach that equally considers vegetation, animal efficiency, and long-term profitability.

That philosophy aligned naturally with Wooten’s involvement in the U.S. Roundtable for Sustainable Beef, where he served as a representative for the Colorado Cattlemen’s Association. The roundtable brings together the entire beef supply chain—from producers to retailers—along with universities, NGOs, and allied industries. Its goal is not regulation, Wooten emphasized, but collaboration, shared learning, and continuous improvement.