Canada PM plays to voters in G20 bank tax debate

Reuters – U.S. Edition

Louise Egan
May 18, 2010

The following is an excerpt. To view the full article please visit the link below

OTTAWA (Reuters) – Canadian Prime Minister Stephen Harper is leveraging his position as G20 host this year to preempt a new push for a global bank tax by his peers, and perhaps also win some political points at home.

Four of Harper’s cabinet ministers fanned across the globe on Tuesday to deliver coordinated speeches in Mumbai, Shanghai, Washington and Ottawa, all of them slamming the bank tax proposals that Germany, France and Britain favor.

The grandstanding, nearly six weeks before the Toronto G20 summit, plays well at home. Harper’s government has loudly protested proposals for a global bank tax, arguing …

The opinions expressed in this article/multimedia are those of the author(s) and do not necessarily reflect the views of CIGI or its Board of Directors.