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Rinehart's Northback Files $2B Suit vs Canada

Rinehart's Northback Files $2B Suit vs Canada

Vancouver News Today | 2 Min News | The Daily News Now! · The Daily News Now!

March 20, 20261m 55s

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Show Notes

Northback Holdings, owned by Australian billionaire Gina Rinehart, has filed a $2 billion lawsuit against Canada under the Trans-Pacific Partnership trade deal, challenging the rejection of its Grassy Mountain coal project due to water quality risks and opposition from locals and environmental groups. The case accuses Canada of arbitrary actions and lack of due process, with Albertas government easing restrictions and exempting Northback from some rules.

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