Posts Tagged ‘financial regulations’
Paul Martin calls for binding global financial regulations, limits to national sovereignty
Former Prime Minister Paul Martin advocated binding global financial regulations and limits to national sovereignty in a speech to the Empire Club and Canadian Club in Toronto.
A voluntary process of global coordination will lead nowhere. In short, if there is anybody who thinks that the voluntary subscription to global standards will be sufficient, then I’d like to introduce them to the tooth fairy.
- Paul Martin
Related Videos:
- Stephen Harper’s ‘enlightened sovereignty’ and humanitarian agenda (January 28, 2010)
- Prime Minister sets five priorities for G20 summit in Toronto (March 18, 2010)
Completely free markets are unstable: Harper
Stephen Harper says the G-20 has become the steering committee for the global economy, and that such global governance is required to prevent instability created by the free market.
A completely unregulated, ungoverned market, a market without governance, is unstable. And to the extent we now have a truly globalized economy, we need some semblance of a global governance …
We’re not talking about world government. I don’t think anybody is going to come in and say we’re prepared to surrender our sovereignty to the G-20 or some other body. But what they are going to say, in practice, is that we have to coordinate our policies to create stability for all of us.
- Prime Minister Stephen Harper
Harper sets priorities for G20 summit in Toronto
Prime Minister Stephen Harper delivered an anti-protectionist message to top officials representing the leaders of the G20 as he presented five priorities for their upcoming meeting in Toronto.
The G20 saved the global economy: Harper
Stephen Harper says cooperation among the G20 economies was instrumental in averting an economic disaster as the worst of the global financial crisis seems to have passed.
If these measures are enacted and we continue to move forward with the G20 process, we will have the kind of global governance that is necessary to ensure the stability and transparency of markets, in a way that gives us the benefits of a globalized market economy without the enormous risks that we have experienced the last few years.
- Stephen Harper
Prime Minister Harper on Sky News London
Prime Minister Stephen Harper is interviewed on Sky News while at the G-20 meeting in London, England.
Harper rejects a global financial regulator, saying soverign countries will never accept international regulation of their monetary policies.
Harper’s optimistic economic outlook
Stephen Harper predicts Canada will emerge from the global recession faster than other countries, and stronger than before.
Canada was the last advanced country to fall into this recession, we will make sure its effects here are the least severe, and we will come out of this faster than anyone, and stronger than ever.
- Prime Minister Stephen Harper
