Tariff panel says Canada broke rules on ownership

An international panel says Canada violated laws of global trade that restrict foreign ownership of domestic business. A committee of the General Agreement on Tariffs and Trade ruled that Canada is wrong in requiring non-Canadian investors to buy certain supplies and services within Canada. GATT members, such as Canada, are required to treat foreign-owned and domestic companies evenhandedly. The Reagan administration had issued complaints about the Canadian practice.

Share this story:

We want to hear, did we miss an angle we should have covered? Should we come back to this topic? Or just give us a rating for this story. We want to hear from you.

Loading...

Loading...

Loading...

Save for later

Save
Cancel

Saved ( of items)

This item has been saved to read later from any device.
Access saved items through your user name at the top of the page.

View Saved Items

OK

Failed to save

You reached the limit of 20 saved items.
Please visit following link to manage you saved items.

View Saved Items

OK

Failed to save

You have already saved this item.

View Saved Items

OK