Canada clashes with UK on global banking tax

Canadian Prime Minister Stephen Harper has clashed with David Cameron on the
issue of a EU wants bankers to stump up levy.

Meeting with British Prime Minister David Cameron at 10 Downing Street in
London ahead of the upcoming G8/G20 summits, Harper made his case against the

Harper has taken a different stance because Canada has not been forced to
bail out banks, unlike the UK.

Despite the resistance Cameron said he was determined to push the proposals

At a joint press conference following the meeting, Cameron said: “We’ve
always made clear here in the UK that we will proceed anyway because of the
significant taxpayer support to the banks,” he said.

pooh-poohs global banking ‘tax’

wants bankers to stump up levy

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