Mr. Speaker, the Finance Minister of Canada hosted a conference for 21 APEC finance ministers from May 22 to May 24 in Kananaskis, Alberta. They discussed a global financial strategy for coping with the Asian crisis. With vision and leadership, the Minister of Finance made a proposal for a global mechanism to monitor the financial and banking system of the world. The G-8 leaders have recently endorsed such a plan. Again, our government is taking leadership in providing a solution for a global crisis.
In the House of Commons on May 25th, 1998. See this statement in context.