—MAIWL Box flaved immigration po Undate immigration Dear Editor: Thank you for the (Oct. 12) column by Timothy Renshaw, re: “our badly licy.” Has anyone actually seen a copy of our immigration poli- cy? Does such a thing exist? Immigration Minister Lucienne Robillard apparent- ly follows her own philosophy — whatever that is. It’s cer- tainly nor the same as mine and many others thar I know. Maybe I have missed it but what has happened to Tong Sang Lai, the triad boss from Macau who somehow slipped into Canada via Los Angeles? Has he been deported? I bet not. Possibly, Mr. Renshaw can get some information and report to us. Unfortunately, the press usually loses interest after a few days at most, so nothing, much gets done. DJ. Lovegrove North Vancouver Unparalleled financial service Attend ScotiaMcLeod’s . “speaker series — presented by | our highly experienced team of Senior Investment Executives Sed 9 Seely PTCA ERE For unparalleled personal financial '.... Service, visit our office or phone for an ° appointment to meet one of our senior : investment executives. “Kad ScotiaMcLeod Building Relationships for Life 8rd floor; 1555 Marine Drive, West Vancouver (604) 913-7000 Sponsored in part by Trimark Investment Management, Mackenzie, Templetan, Spectrum United, Fidelity Investments & AGF. ted white, m.p. Wednesday, October 29, 1997 — North Shore News — 9 THE MAI Over the fast few months, the same groups which in the past opposed Free Trade have actively lined themselves up in opposition to the proposed Multilateral Agreement on investment (MA!). Maude Bariow and The Council of Canadians, for example, appear to have been targeting a mailing tist of seniors with doom and gloom let- ters about the MAI, along with invita- tions to attend public meetings on the subject. The Council of Canadians has also run full page newspaper advertise- ments claiming, arnongst other things, that the MAI “would free corporations of any obligation to you, other Canadian workers and consumers, or the environment.” Similar informa- tion on the MAI is being produced by the Canadian Labour Congress, the Polaris Institute, and the Sierra Club. WHAT IS IT? In 1995, Canada, along with 28 other countries of the OECD (Organization for Economic Co-operation and Development) agreed to negotiate a LEVEL PLAYING FIELD with respect to the rules regarding foreign investment, so that all countries, and their business communities, could par- ticipate on an equal footing in the interna- tional marketplace. In other words, the ‘main aim of the MAI! is to ensure that, whether it is a !arge Canadian company like McCains, or a five person firm in North Vancouver, the exact same investment and business development rules apply for doing business in each and every signatory coun- try to the agreement. Establishing a stan- dard set of rules for opening foreign offices, employing sales people, and securing dis- J tribution channels is plain good common i sense in the reality of our global market- place, and has nothing to do with selling out our sovereignty or allowing foreign companies to break our environmental laws, as the opponents to the MAI would have you believe. The present target date for completion of MAI negotiations is May of 1998, but this already represents an extension of one year on the original timetable, so further delays are quite possible. Once completed though, the MAI will come before Parliament for debate and there is absolutely no doubt that it will be subjected to very close analysis and scrutiny. What .we have to recognize, like it or not, is that times have changed since a few decades ago when foreign investment was actively discouraged. These days it is simply impossible to ignore the fact that even { small companies and individuals are doing business internationally, that this activity creates new jobs and economic growth, and that governments must put the rules in place to facilitate increasing amounts of international trade. THE CRITICS SAY Most of the altacks on the MAI seem to be linked in some way to Canadian “sover- | eignty’, and predictions that our govern- ments will lose their ability to legislate and regulate business activities by foreign com- panies. For exampie: Claini: Foreign corporations would not have to abide by Canadian labour, environ- mental, and consumer protection laws. Fact: Tne same Canadian laws would apply to ALL corporations, whether foreign or domestic. It is true that an arbitration system will exist which would allow investors to apply for an exemption if they feel that a signatory country's laws are unfair, but the existence of such a process does not guarantee an exemption. The same provisions exist within NAFTA but there has NEVER been an exemption granted under those provisions despite the predictions of the opponents of Free Trade. Claim: The MA! will undermine our culture. Fact: Signatory countries are allowed to | register exceptions to the MAI! and, just as it did under NAFTA, Canada is negotiating an exception for cultural industries. So is France and several other couniries. Once an exception is registered, it is no longer subject to challenge. Claim: Canada will be unable to set limits on foreign investment. Fact: As in NAFTA, under the MAI Canada | will be retaining its foreign ownership rules in transportation, energy, broadcasting, telecommunications, and financial sectors. Marketplace and consumer pressures will probably eventually result in removal of these exemptions, but the “credit” for the movement in that direction cannot be placed on the MAI. It is simply becoming increasingly more difficult to regulate and contro! these industries in a marketplace which permits free consumer choice of the best available product. Very few people these days would be willing to have their Government tell them where they can shop and what products they can buy, whether it is a flight on an American owned airline, or placing their long distance calis through a foreign owned telephone company. Claim: The MAI will result in the elimina- tion of our social programs. Fact: If our social programs collapse, it will | not be because of the MAI, but because of Government mismanagement, as, for example, in the recent CPP and unemploy- ment insurance fiascoes. Nothing in the MAI will eliminate Canada’s ability to adopt or maintain the provision of sccial services because these items will be exempted, just as they are under NAFTA. Claim: The MAI will place Canada in uncharted investment waters. Fact: Over two thirds of the foreign direct investment in Canada is from the USA and is controlled under Chapter 11 of NAFTA. The MAI is based on the same set of prin- ciples and contains no surprises. Canada recently signed a NAFTA style agreement with Chile, has foreign investment agree- ments with 18 other countries, and is presently negotiating with India, China, and 23 others. it would be much more efficient, and preferable, to have one international agreement than a dozen or more bilateral agreemenis. ‘ MOTIVES Canada’s Chief Negotiator for the MAI, Mr. Bil! Dymond, has offered to meet with groups like those run by Maude Barlow te discuss their stated concerns, but the best way to keep dis- cussions about things like the MAI in perspective, is to ask yourself a couple of simple questions — “What are the underiying motives of those who either promote or oppose this initiative?”, and “Did they ask me for a donation when they presented their point of view?” Asking for an Annual Report for the organization will go a long way to answering both of these questions. in addition, if you have access to the internet, visit lots of sites with varying points of view, ask your MP's office for more information, and encourage your local media to investigate the subject. The more public discussion we have, the better will be the understanding of the issue, and the more likely it is that nothing unexpected or unpafatable will turn up in the final agreement. Ted White, M.P. , #302-1200 Lynn Valley Road, North Vancouver, B.C.. V7J 2AZ Tel.: 666.0585 Fax: 666-C509, Internet: http://www.reform.ca/white-t/ ‘ Did you know. more than half of the children treated at B.C’'s Children’s Hospital have genetically-linked health problems? C= ear Capilano @€em College AT CAP 8 Afternoon Theatre at Capilano Coliege Theatre in the afternoon, anyone? Put your dinner in the oven and join us at Capilano College for Western Gold's production of Dear Liar ~ a comedy of letters adapted for the stage from the correspondence of George Bernard Shaw and Mrs. Patrick Campbell. Presented by Eldercollege, the play will be held on November 16 at 2 p.m. in the Capilano College Performing Arts Theatre. General admission is $10. To - reserve tickets, please call Continuing Education at 984-4901. 7» Learn Computer Programs Before Christmas Learn the basics of MS Excel for Windows or MS Access 7 before Chrisemas. Excel is a spreadsheet program offered on Thursdays, Nov. 6 to Dee. 11 for $225. Microsoft Access is one of the most popular database management systems today. It’s also offered on Thursdays, Nov. 20 to Dec. II, at a cost of $165. For more information or to register, please call Continuing Education at 984-4901. ». Learn About Our Exciting Media Resources Program There will be an information meeting on Tuesday, November 25 at 7 p.in. in the Library building, roc 145 for people interested in the two- year Media Resources Program. This program begins in September 1998. For more information, call 984-4940. Pacific Basin Update Asian and South American business managers from the CANASEAN program at Capilano College will be giving presentations on business opportunities in their respective countries. Held in conjunction with the Vancouver Board of Trade on Wednesday, October 29 at the Pan Pacific Hotel, Pavilion B, 8 a.m. to Lf a.m. VBT members, $26 and non-members, $35. For more information, call 681-2111. CAPILANO COLLEGE 2055 Purcell Way North Vancouver British Columbia 986-1917