Canadian Market Analysis (Con’t)

摘要

TC Energy Corporation filed a Notice of Intent with the U.S. State Department to initiate a legacy North American Free Trade Agreement (NAFTA) claim under the United States-MexicoCanada Agreement (USMCA). The Company is seeking $15 billion in damages under a provision in the previous NAFTA agreement called the Investor-State Dispute Settlement (ISDS) clause, which allows foreign investors to sue governments for profits that are "lost" due to regulatory interventions.