WTO was established as part of settling up trade disputes either between countries or countries and corporations.

1. WORLD TRADE
ORGANISATION (WTO)
AND TRADE
DISPUTES
BY: PAUL YOUNG CPA, CGA
DATE: OCTOBER 4, 2017

2. PAUL YOUNG - BIO
• CPA, CGA
• Academia (PF1, FA4 and MS2)
• SME – Risk Management
• SME – Close, Consolidate and Reporting
• SME – Public Policy
• SME – Internal Controls
• SME – Financial Planning and Analysis
• SME – Business Strategy
• SME – Emerging Technology
• SME – Financial Solutions
• SME – Business Process Change
• SME – Supply Chain Management
Contact information:
Paul_Young_CGA@Hotmail.com

3. AGENDA
• Who is WTO?
• WTO Panels
• Canada and WTO
• Canada the most sued Country in NAFTA
• House of Commons
• Blog – Trade
• What needs to be done

4. WHO IS WTO?
Source - https://www.wto.org/english/thewto_e/whatis_e/whatis_e.htm
There are a number of ways of looking at the World Trade
Organization. It is an organization for trade opening. It is a
forum for governments to negotiate trade agreements. It is
a place for them to settle trade disputes. It operates a
system of trade rules. Essentially, the WTO is a place
where member governments try to sort out the trade
problems they face with each other.

5. WTO PANELS
Source - https://www.wto.org/english/tratop_e/dispu_e/disp_settlement_cbt_e/c3s3p1_e.htm or
https://www.wto.org/english/tratop_e/dispu_e/ab_members_descrp_e.htm

6. CANADA AND WTO
Source - http://policyoptions.irpp.org/magazines/july-2017/how-canada-can-keep-the-lights-on-at-the-wto/ or
https://www.wto.org/english/tratop_e/dispu_e/dispu_by_country_e.htm

7. CANADA LAWSUITS NAFTA
Source - http://www.msn.com/en-ca/news/canada/canada-most-sued-nation-under-nafta/ar-BBDqdvp
OTTAWA - When it comes to the North American Free Trade Agreement, Canada can safely claim the
title of biggest loser in terms of lawsuits.
Since the agreement came into force in 1994, Canada has been sued 39 times by foreign companies
claiming Canadian policies have violated their rights under NAFTA.
That is almost half of the 84 challenges made against all three nations under the investor state
provisions.
Canada has lost or settled eight cases and paid more than $215 million in compensation, while the
United States has still not lost a single case or paid out a single dime in compensation.
About 60 per cent of the challenges aimed at Canada have targeted environmental regulations or
resource management policies, including provincial regulations on oil and gas development and wind
farms, forest and water
The latest statistics were compiled by Scott Sinclair, a senior research fellow with the Canadian Centre
for Policy Alternatives.
MSN – June 26, 2017

8. HOUSE OF COMMONS / CANADA
Source - https://openparliament.ca/debates/2017/9/20/candice-bergen-1/

9. BLOG – TRADE
• Link: https://www.slideshare.net/paulyoungcga/trans-pacific-partnership-tpp-and-canada-september-2017
• It never seems to amaze me to how little the left understands when it comes to both Trade Agreements and FIPA.
The left continues to call out trade deals and FIPA without truly grasping what is in those agreements.
• FIPA –
• http://international.gc.ca/trade-commerce/trade-agreements-accords-commerciaux/agr-acc/agreements_type-
type_accords.aspx?lang=eng#fipa. Companies are always looking at ways to expand their business as part of their
return on investment. Companies take risk as such it only makes sense there is protection with their various
investments. Canada government has been sued over the years. Canada has lost lawsuits under NAFTA to the tune
$215M - http://www.iheartradio.ca/ez-rock/ez-rock-summerland/nafta-lawsuits-target-canada-most-us-hasn-t-lost-
yet-1.2742249. The $215M loss is peanuts when you look at the trade over the past 23+ years.
• Trade Agreements
• Canada exports about one quarter of its GDP or about $550M. Canada needs to trade deals to open new markets for
Canadian companies. These same Canadian companies contribute to wealth distribution via various taxation.
https://www.slideshare.net/paulyoungcga/wealth-distribution-canada-corporate-tax-july-2017.

10. WHAT NEEDS TO BE DONE
• All level of government need to streamline regulations as part of supporting approval
projects
• Provincial and Federal governments need to work together to reduce barriers to
business
• All levels of governments need to get their fiscal house in order
• All levels of governments need to review policies including how they support business
investment
• Loans
• Grants
• Taxation (R&D, Consumption Tax, Corporate Tax, Payroll Tax and other taxes/user fees