Live Breaking News & Updates on Eduardo Mathison

May.19.2021
On May 13, the Government of Canada released its “modernized and inclusive” Foreign Investment Promotion and Protection Agreement Model (“FIPA Model”), sending a message that it intends to continue to provide international dispute resolution protections to foreign investors. The original iteration of the FIPA Model dates to 2004, which Canada had stated built on its experiences with NAFTA. It subsequently released an updated iteration in 2014. The current FIPA Model reflects further updates based on stakeholder consultations in 2018-2019.
The current FIPA Model also comes on the heels of recent investment-related developments, including the United States-Mexico-Canada Agreement (USMCA), which went in effect in July 2020, and signing of the Canada-UK Trade Continuity Agreement. Canada has not entered into an investment treaty since its agreement with the Republic of Moldova in 2018. ....

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