Ecuadorians Lose Appeal in Lawsuit Against Canadian Mining Company and TSX
Canadian law continues to fail communities harmed by Canadian mining overseas
On March 11, 2011, the Court of Appeal for Ontario dismissed an appeal by Ecuadorian campesinos who say they were assaulted by security forces hired on behalf of a Canadian mining company in their native Ecuador (see video of one of the assaults at right).
Marcia Ramírez, Polivio Peréz and Israel Peréz had sued Canadian mining company Copper Mesa Mining Corporation and two of its directors as well as the Toronto Stock Exchange, which the Ecuadorians say listed the mining company on its stock exchange after having been warned that money from the listing would lead to violence. The Plaintiffs had appealed an earlier decision that dismissed their lawsuit.
In the ruling, the Court recognized that
“[t]he threats and assaults alleged by the plaintiffs are serious
wrongs. Nothing in these reasons should be taken as undermining
the plaintiffs’ rights to seek appropriate redress for those wrongs”,
but nonetheless ruled against the Ecuadorians.