The Globe and Mail is reporting that the Conservatives will announce their commitment to completing new trade agreements with the European Union and India at an event this morning in Halifax. The focus on the EU deal – CETA – is noteworthy because there may be a divide between the […]
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Cdn Heritage Ctee Recommends Excluding Copyright From Trade Deals, Limits on Implementing ACTA
The Standing Committee on Canadian Heritage has released its report on CETA and ACTA. The report, which is based on hearings that featured Minister Peter van Loan, includes a notable recommendation with respect to ACTA implementation and future trade negotiations, including the ongoing Canada – European Union Trade Agreement discussions. […]
EU Report Says CETA IP Provisions Would Increase Consumer Prices, Royalty Deficit
Most scientific studies “fail to find evidence of a strong positive response by domestic innovators that could be reasonably ascribed to the effect of stronger IPR.†To clarify, it is undisputable that R&D spending is associated with higher GDP growth and, given current business models, a certain level of IPR protection is essential for investment in innovation and creativity. Incremental IPR reforms in OECD countries, however, do not seem to increase domestic spending in R&D. Some stakeholders interviewed for this study and several academics consider that excessive IPR could actually harm economic growth, even in OECD countries, if their holders can block followâ€on research.
As for the costs of the CETA IP provisions, the report notes that more dollars will flow to Europe, but Canadian IP holders would not see increased revenue flow back. In fact, it is Canadian consumers that will pay the price with “inflationary pressure” on consumer prices:
Petition Launched in Opposition to CETA
A new petition has been launched against the Canada – European Union Trade Agreement. The inclusion of copyright in the agreement is referenced as reason to oppose the agreement.
CETA and Copyright: My Appearance Before the Standing Committee on International Trade