Bloomberg News

Carney Says There’s No Chance G-20 Would Back Transactions Tax

October 26, 2011

Oct. 26 (Bloomberg) -- Bank of Canada Governor Mark Carney said today there’s no chance the Group of 20 nations will endorse the idea of a financial transactions tax at their summit next week in France.

Carney said there are too many countries within the group who oppose the idea for it to be adopted.

To contact the reporter on this story: Theophilos Argitis in Ottawa at

To contact the editor responsible for this story: Paul Badertscher at

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