Hon. Paul Martin, Minister of Finance
House of Commons
Centre Block, 309-S
April 30, 2002
Dear Mr. Martin,
On behalf of the Halifax Initiative, I write seeking clarification as to whether and why the Government of Canada no longer supports the Tobin tax. When questioned by Lorne Nystrom in the House, John McCallum, Secretary of State for Financial Institutions said that he "would commend the government for ceasing to support a Tobin tax because I think it is a pretty bad tax." (House of Commons Hansard, 21 March 2002).