China trade agreement: what you need to know

The Canada-China Foreign Investment Promotion and Protection Agreement (FIPA) comes into force on November 1st.

While to some, it's a logical trade agreement with a growing economic partner, others feel it's high treason.

The government says it will make Canadian companies globally competitive, but critics say it's a sweeping abrogation of Canadian sovereignty -- with dire consequences for B.C. taxpayers.

In a recent newspaper editorial, Kelowna-Lake Country MP Ron Cannan called those concerns "regressive misunderstandings" based on "minformation."

Gus Van Harten is an associate professor at the Osgoode Hall Law School in Toronto. He teaches international investment law and international financial governance, and spoke with Daybreak host, Chris Walker.

And see below for the text of the Canada-China agreement, from Foreign Affairs and International Trade Canada.