Canada ready to stand alone against G-20 bank tax plan

Discussion in 'Economics' started by Kassz007, Apr 15, 2010.


    Instead, Canada is proposing governments require banks to keep contingent capital on hand in case of emergency. I like this plan, personally, because in reality, does anyone here trust the government to use the bank tax revenue strictly as an emergency cushion? Not a chance. Just more money out of the taxpayer's pocket.