Return of the financial transactions tax - Op-ed

Return of the financial transactions tax

Embassy Magazine, Feb. 16, 2011

By John Jacobs

In spite of Canada's attempt to bury it at the Toronto G20 meeting, a tax on financial transactions is back on the global agenda and gaining momentum.

French President Nicolas Sarkozy has pledged to use his term as chair of the G20 to reform the global financial system and curb the speculation that contributed to the economic crisis. At the top of his agenda is an international financial transactions tax (FTT) to fund the fight against poverty and climate change.

Monthly Issue Update - January 31, 2011

Ruggie guidelines stir debate
In 2008, the UN Human Rights Council extended Special Representative John Ruggie’s mandate on business and human rights. Among other things, the Council asked Mr. Ruggie to identify “concrete and practical recommendations on ways to strengthen the fulfilment of the duty of the State to protect all human rights from abuses by or involving transnational corporations.”

Monthly Issue Update - October 31, 2010

Victims of Kilwa Massacre Seek Justice in Canada
Congolese nationals have launched a class action law suit in a Montreal court against Canadian mining company, Anvil Mining. At least 73 civilians were killed in 2004 when the Congolese Armed Forces attacked residents in the town of Kilwa. A UN investigation revealed that planes, vehicles, personnel and food controlled by Anvil Mining were used by the army during the attack (see IU Oct. 31, 2008).

Charles Abugre, UN Millennium Campaign, Africa

2010 G8/G20 Canadian Civil Society Coordinating Committee
Parliamentary Roundtables on the G8/G20 Agendas

Roundtable 3: The Millennium Development Goals

Tuesday, April 27th, 2010 9:00 am - 11:00 am Room 2-2, National Press Building, 165 Sparks Street, Ottawa

HI Resource Types: 

Letter to IMF Head Strauss-Kahn from over 90 groups re. civil society participation in IMF study on how the financial sector can help pay for the bailouts - November 11, 2009

November 11, 2009

Dominique Strauss-Kahn
Managing Director
International Monetary Fund,
700 19th Street, N.W.,
Washington, D.C. 20431

Dear Mr. Strauss-Kahn:

Re: Request for civil society participation in IMF study on how the financial sector can help pay for the bailouts 

In September, the Group of 20 (G20), at their summit in Pittsburgh, mandated the International Monetary Fund (IMF) with preparing a report ahead of the next G20 summit in June 2010 to consider “how the financial sector could make a fair and substantial contribution toward paying for any burdens associated with government interventions to repair the banking system.”

Questions and answers and discussion - Tuesday 11:15am panel

Rules and policies - Raising and retaining funds

Questions and answers and discussion

Gerry Barr

Close and summing up

Gerry Barr, President-CEO, Canadian Council for International Co-operation
and Chair, Make Poverty History Canada

Q&A Session

Perspectives on proposals for change - Rethinking the global financial system

Questions and answers and discussion

Government of Canada: 

John Davies

Rethinking global development finance – perspectives from the Canadian government

John Davies, Director and IDA Deputy, International Finance and Development Division, Finance Canada

Government of Canada: 

Soren Ambrose

Rethinking the global financial architecture – perspectives from civil society

Soren Ambrose, Development Finance Coordinator, Action Aid International


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