Action Alerts

Tobin Tax Parliamentary Motion - One year on!

ONE YEAR LATER - What has Canada done about the Tobin Tax Motion? NOT MUCH! Write your MP, the Prime Minister and the Finance Minister before March 23.

On March 23, 1999, an exuberant Parliament passed a motion to "enact a tax on financial transactions in concert with the international community" with all party support by a resounding 164-83 margin. The motion was a strong message from Parliament that the political must regain control of the financial in the interests of the world's common wealth.

One year later, we have little progress to report. While the Canadian motion has sparked debate in Parliaments around the world, there has been little action at home. There have been no public hearings, no follow-up studies, no meetings of experts, in short, no substantive action to move the agenda forward either domestically or internationally.

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