But joining the TPP also meant effectively renegotiating the North American Free
Trade Agreement (NAFTA), with the United States under
onerous terms of entry that put Canada's other traditional defensive areas on the negotiating table (including Canadian content in media, intellectual property regime preferences, telecommunications ownership policies, and remaining investment
restrictions), with little prospect of any valuable concessions from the United States.
For many types of financial
trades, this
onerous restriction means that after the funds have been committed, uninvolved parties on the network would be able to actively
trade on outcomes that would have been previously unknowable and which could prove detrimental to the parties which are engaged in this arrangement.