Mr. Speaker, my question is for the minister of financial institutions.
Today world leaders are in Monterrey at the United Nations summit on global poverty.The first draft of the Monterrey consensus document includes a reference to a currency transaction tax, the so-called Tobin tax, but the current version of the draft does include any such reference.
We understand that the Canadian delegation was instrumental in removing reference to that tax.
The House voted overwhelmingly in favour of pursuing internationally a Tobin tax initiative. Why did the government betray a resolution of the House which was supported by 130 Liberal members of parliament, including the Minister of Finance?