{"id":14299,"date":"2015-11-11T08:26:02","date_gmt":"2015-11-11T13:26:02","guid":{"rendered":"http:\/\/olduvai.ca\/?p=14299"},"modified":"2015-11-11T08:26:02","modified_gmt":"2015-11-11T13:26:02","slug":"former-blackberry-chief-on-tpp-weve-been-outfoxed","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=14299","title":{"rendered":"Former BlackBerry Chief on TPP: ‘We’ve Been Outfoxed’"},"content":{"rendered":"

Former BlackBerry Chief on TPP: ‘We’ve Been Outfoxed’<\/a><\/h3>\n

Jim Balsillie says treaty could cost Canada billions and become our worst-ever policy move.<\/strong><\/p>\n

\"canadian-billions-610.jpg\"<\/p>\n

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Canada’s innovation sector could suffer billions in losses if the Trans-Pacific Partnership is ratified, warns Jim Balsillie, former co-chief executive of BlackBerry-maker Research in Motion Ltd.<\/p>\n<\/div>\n

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Jim Balsillie warns that provisions tucked into the Trans-Pacific Partnership could cost Canada hundreds of billions of dollars — and eventually make signing it the worst public policy decision in the country’s history.<\/p>\n<\/div>\n<\/div>\n

After poring over the treaty’s final text, the businessman who helped build Research In Motion Ltd. into a $20-billion global player said the deal contains “troubling” rules on intellectual property that threaten to make Canada a “permanent underclass” in the economy of selling ideas.<\/p>\n

Last month, in the middle of the election campaign, the Conservative government put Canada’s signature on the controversial 12-country pact. The Pacific Rim agreement, which includes the massive American and Japanese economies, has been described as the world’s largest-ever trade zone.<\/p>\n

But Balsillie said parts of the deal will harm Canadian innovators by forcing them to play by rules set by the treaty’s most-dominant partner: the United States.<\/p>\n

The fallout could prove costly for Canada because technologies created by these entrepreneurs have the potential to create huge amounts of wealth for the economy, he says.<\/p>\n

“I’m not a partisan actor, but I actually think this is the worst thing that the Harper government has done for Canada,” the former co-chief executive of RIM said in an interview after studying large sections of the 6,000-page document, released to the public last week.<\/p>\n

“I think in 10 years from now, we’ll call that signature the worst thing in policy that Canada’s ever done…<\/p>\n

“It’s a treaty that structures everything forever — and we can’t get out of it.”<\/p>\n

‘Iron-clad’ dispute mechanisms<\/strong><\/p>\n

Balsillie’s concerns about the deal include how it would impose intellectual property standards set by the U.S., the biggest partner in the treaty.<\/p>\n

…click on the above link to read the rest of the article…<\/p>\n<\/div>\n

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Former BlackBerry Chief on TPP: ‘We’ve Been Outfoxed’ Jim Balsillie says treaty could cost Canada billions and become our worst-ever policy move. Canada’s innovation sector could suffer billions in losses if the Trans-Pacific Partnership is ratified, warns Jim Balsillie, former co-chief executive of BlackBerry-maker Research in Motion Ltd. Jim Balsillie warns that provisions tucked into […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2,5],"tags":[10559,103,9337,10560,786,5499,804,808],"class_list":["post-14299","post","type-post","status-publish","format-standard","hentry","category-economics","category-geopolitics","tag-blackberry","tag-canada","tag-intellectual-property","tag-jim-balsillie","tag-technology","tag-the-tyee","tag-tpp","tag-trans-pacific-partnership"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/14299","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=14299"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/14299\/revisions"}],"predecessor-version":[{"id":14300,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/14299\/revisions\/14300"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=14299"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=14299"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=14299"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}