Canada comes out swinging against bank tax

  •   The Alex Jones Channel Alex Jones Show podcast Prison Planet TV Infowars.com Twitter Alex Jones' Facebook Infowars store

CBC News
May 18, 2010

  • A d v e r t i s e m e n t
  • {openx:49}

Canada launched a full-court press against the idea of a global bank tax Tuesday, as the prime minister and four senior cabinet members came out strongly against a proposal that’s gathering global steam.

Prime Minister Stephen Harper said a proposed international bank tax would unfairly penalize well-regulated Canadian financial institutions that survived the global economic meltdown.

The prime minister told a G8 and G20 youth forum on Parliament Hill that Canada’s banks didn’t have to be bailed out during the global financial crisis and shouldn’t be saddled with the proposed levy.

“They were not able to exploit some of the opportunities that got so many of these other western banks into trouble. That’s why we think it would obviously be unfair,” Harper said Monday.

Read entire article

This article was posted: Tuesday, May 18, 2010 at 12:13 pm







Infowars.com Videos:

Comment on this article

Comments are closed.


Watch the News

FEATURED VIDEOS
Harry Reid Blatantly Lies To America See the rest on the Alex Jones YouTube channel.

Smart Guns Endanger Children See the rest on the Alex Jones YouTube channel.

© 2013 Infowars.com is a Free Speech Systems, LLC company. All rights reserved. Digital Millennium Copyright Act Notice.