Introduction

Another postulation as to why "Canada" and the "USA" have been amending their BIT models - although it is not one to which I necessarily subscribe - would be that the bureaucrats in Canada and the US who actually dictate trade and investment policy, and who are primarily responsible for defending claims against their respective government colleagues, have lost sight of the overarching aims and benefits of trade and investment liberalization. They would be said to have lost the appropriate vision because of the success of the bilateral model itself, which largely takes the ...