French President Nicolas Sarkozy accompanies Prime Minister Stephen Harper after their meeting Friday in Paris. (Jacques Brinon/Associated Press) Prime Minister Stephen Harper is emphasizing the positives of his meeting Friday with French President Nicolas Sarkozy, though the two leaders disagreed on the need for a global bank tax.
Speaking in Paris, Harper said world leaders attending this month's G8/G20 summits in Canada should be able to agree on a "common principle" to prevent taxpayers from having to bail out banks. However, the prime minister stressed his belief that individual countries should be allowed to follow their own path.
"We're trying to reach an agreement on this question, where even if countries do things differently, we can recognize a common principle to ensure that risks are taken by the institutions themselves and not by taxpayers," Harper said after his meeting with Sarkozy and French Prime Minister François Fillon.
The proposed global bank tax, backed by the U.S. and many European countries, including France, Britain and Germany, is just one of the proposals on the table, Harper said.
Meanwhile, Fillon told reporters there is general consensus among G20 countries to limit the risks to which banks are exposed.
Harper has repeatedly said an international bank tax is not necessary for Canadian financial institutions, given the strength and stability of banks in Canada, compared with other countries.
Canada is pushing for regulation, rather than taxation, and advocating tighter controls over the kinds of high-risk, high-profit investments that required massive taxpayer bailouts.
PM notes MPs' Afghan mission comments
Harper also noted "with interest" comments by members of an all-party parliamentary committee on the possibility of continued Canadian military deployment in Afghanistan beyond the scheduled end of the combat mission in 2011, the CBC's Terry Milewski reported from Paris.
At the end of their five-day visit to Afghanistan on Thursday, the committee members said they were surprised at the level of success the Canadians have had militarily, as well as in terms of development.
Most of the MPs said they believe Canadian troops should have a role in Afghanistan beyond 2011, but one that would focus on training instead of combat.
Harper said Friday the government was sticking with a parliamentary resolution that calls for Canada to "end its presence in Kandahar as of July 2011" and for all forces to have left by the following December.
“I think we’ve been very clear. We are working according to the parliamentary resolution that was adopted in 2008 by which Canada’s military mission will end and will transition to a civilian and development mission at the end of 2011,” he said.
“And that continues to be our work plan according to the resolution adopted by Parliament.”
With files from Terry Milewski and The Canadian PressShare Tools
Rob Walsh on Senator Mike Duffy, PM chief of staff Nigel Wright and that $90 K 'gift' by Kady O'Malley May. 18, 2013 10:13 PM 'In terms of the parliamentary culture ... this screams for some accountability.' former House law clerk tells CBC News
Top News Headlines
- Rescue attempt over for New Brunswick fishermen
- The rescue attempt for two missing fishermen has been called off in New Brunswick, hours after one body was found. more »
- Car drives into crowd at Virginia parade
- About 50 to 60 people were injured after a driver described by witnesses as an elderly man drove his car into a group of hikers marching in a parade in a small Virginia mountain town. more »
- Spectator killed at Edmonton Jeep event
- A 20-year-old woman died Saturday during an event for Jeep enthusiasts held in a parking lot just west of downtown Edmonton. more »
- Astronaut Chris Hadfield adjusts to 'earthling' life
- Canada's space ambassador, Chris Hadfield, is still readapting to life on this planet after spending 146 days in zero gravity as commander of the International Space Station. For now, though, he's taking his homecoming one step at a time. more »
Must Watch
Latest Politics News Headlines
- Email is proof Senate greenlit expenses, Brazeau says
- Senator Patrick Brazeau, in an interview with CBC Radio's The House, says the Senate gave him the green light to claim expenses for his secondary residence in Ottawa in an email dated March 8, 2011 — the same $48,000 expenses a Senate report says he has to pay back. more »
- Senator Pamela Wallin leaves Conservative caucus
- Senator Pamela Wallin says she is recusing herself from the Conservative caucus while her travel expense claims are under scrutiny. Wallin's departure comes one day after Senator Mike Duffy left the Tory caucus amid controversy over his expense claims. more »
- First Nations schools report points to education gap
- First Nations' schools have lower quality teaching, an inferior curriculum and fail to provide proper services for children with special needs — and without further investment these problems could worsen with an expected population spike on reserves, a new federal report warns. more »
- Duffy's Senate expenses may get 2nd look from auditors
- Senator Mike Duffy's expenses may get a second review by independent auditors following media reports regarding expenses he claimed while campaigning for Conservative candidates during the last election. more »
- Chris Hall: Senator Duffy and the little matter of accountability
- A $90,000 'gift' from Stephen Harper's chief of staff to Mike Duffy didn't fix the political problem over the senator's questionable expenses, Chris Hall writes. It just made matters worse and opens the door to questions about prime ministerial accountability. more »
The National
The House
- Questions mount for Harper and chief of staff Nigel Wright in Senate scandal May. 18, 2013 1:15 PM This week on The House, with Senators Wallin and Duffy now out of the Conservative caucus, we get reaction from NDP Ethics critic Charlie Angus. We also hear directly from Senator Patrick Brazeau who says the Conservatives have thrown him under the bus. Plus we speak with B.C. Premier Christy Clark after her stunning victory.
- Spectator killed at Edmonton Jeep event
- Car drives into crowd at Virginia parade
- Toronto Mayor Rob Ford cancels weekly radio show
- Winning ticket sold in Florida for $590M Powerball jackpot
- Astronaut Chris Hadfield adjusts to 'earthling' life
- Email is proof Senate greenlit expenses, Brazeau says
- Rescue attempt over for New Brunswick fishermen
- 1 person hurt after trains collide near Medicine Hat
- Afghan legislators block law protecting women


