In the run-up to next month’s crucial G20 meeting on what to do about the global slump, a new plea comes from the World Bank. While the richest countries pour billions into trying to shore up their own economies, how about setting aside just a little for the developing world? The proposal: contribute 0.7 per cent of all stimulus to a Vulnerability Fund. Let’s see, based on roughly $40 billion stimulus in January’s budget, that would mean about $280 million from Canada.
Looking for more?
Get the best of Maclean's sent straight to your inbox. Sign up for news, commentary and analysis.