The Canadian media on Stephen Harper and the global bank tax

The Toronto Star (June 4):

Is the shine coming off Stephen Harper’s summit spotlight?

As with the economy, a host of other issues appear to have conspired to take the shine off Harper’s role at the upcoming summits in Huntsville and Toronto.

Despite trying for months to defuse the hot-button issue of a global bank tax, Harper still finds himself at odds with Obama, Cameron, German Chancellor Angela Merkel and French President Nicolas Sarkozy.

Le Devoir (translated from June 5):

Harper returned empty handed from Europe

After London, Paris refused to waive a tax on banks

Paris – If the objective of the whirlwind trip that Stephen Harper was finished yesterday in Europe to persuade London and Paris to abandon their proposed tax on banks, it now appears as a failure. Like his British counterpart had done the day before, the French Prime Minister Francois Fillon, said yesterday that France had no intention of abandoning its intention to tax the banking business in order to establish a fund for emergencies. …

Back from 48h to London and Paris, Harper is so isolated on this crucial issue because the proposed tax on banks is supported by both the European Union, the United States and the International Monetary Fund. The project is also likely to take shape fairly quickly in Europe.

So about that failure of the PM to fend off a global bank tax?

Canwest and Reuters (June 5th):

Finance ministers scrap plans for global bank tax

In the face of fierce opposition from Canada and several other countries, finance ministers from the Group of 20 have axed plans for a global bank tax
,
giving individual nations more freedom to decide how to make banks pay for any future bailouts.
The ministers ended a two-day meeting in Busan, South Korea, on Saturday that was held to review progress on a string of initiatives aimed at making the financial system safer in the wake of the last year’s global collapse.

A bank tax, a measure pushed for by the United States, Britain and France, would have imposed a levy on all global financial institutions. All three countries spent billions of taxpayer dollars to rescue their largest financial institutions after the fiscal crisis of late 2008.

RallyforCanada.ca by the numbers

It is now just before 11am on Wednesday. Since I launched RallyforCanada.ca at 10am on Monday morning, the rallies have attracted a lot of attention.

After 48 hours, here are some stats:

127,149 hits on the website
20,400 people signed up with their email addresses (and province)
358 followers on twitter

I’ve done a lot of media on the rallies:
CBC: Don Newman’s Politics
CTV Alberta
CHCH
CBC: The National
Citytv

National Post
Le Devoir
La Presse
Metro News (Ottawa)
Canadian Press (CP)
Toronto Star
Hill Times

CHQR (2 hits)
CJAD
CFRB
CBC Winnipeg
CBC Montreal

On my Blackberry, I have 1121 unread emails.

I’ve received calls of support from across the country and a small trickle of hate mail.

Perhaps the most bizarre call I got was from a group calling themselves “les jeunes patriotes du Quebec”. They described themselves as a group of separatists that are against the Bloc joining the coalition and selling out to Stephane Dion. They wanted to know if they could rally with us.

“You want to rally? ‘for Canada’?” I asked.
“Uh, yes” they said.

How disgusting, I thought. This was hardly a group coming on side to support strengthening our country with rallies. I tried to tease as much information out of them as I could by sounding as if I was perhaps considering their ludicrous idea. I invited them to send me an email with their info and request so I could expose it here on the blog. They never did. Too bad.

I think that what bothers Canadians most about this crazy week in politics is the proposed coalition government’s association with the Bloc. If the rogue-faction from the separatists want to rally, they can have their own. As for the rest of the separatists, they can rally with the “Progressive Coalition” which is supporting the proposed NDP-Liberal-Bloc coalition government.