Déjà Vu on COOL SHARE
If you’re the type of person who spends hours in the grocery store reading every label, then you may have noticed that some items in the meat department bear a label that tells you where the animal you’re about to consume was born, raised, and harvested. The way things work now, retailers and producers can choose to provide this additional information to consumers who are curious about these things. But in a not so distant past, there was legislation that required such information to appear on packaging, which in turn required producers to gather information about where each bit of meat originated. In a bit of a flash from that past, one of the chief supporters of what is called mandatory “country of origin labelling” (COOL) recently made remarks about how he regretted not being able implement COOL across the board. And he’s about to get a second shot at it.
A Canadian appellate panel has ruled that Mexico can't appeal an Ontario judge's decision to uphold a jurisdictional award that favors a group of U.S. casino investors pursuing a $100 million arbitration claim under the North American Free Trade Agreement.