We have an amazing opportunity to put in place a way of raising the money needed to end global poverty and help poor countries cope with the impacts of climate change.
The Robin Hood Tax is a very small fee of 0.05% on all financial market transactions of stocks, bonds, currencies, commodities and derivatives. The fee would hardly be noticed by banks and long term investors, but it would help to curb short term speculators whose casino- style trading was one of the causes of the global financial crisis a few years ago. It's a tax that would not be paid by ordinary Canadians.
This tax would raise hundreds of billions of dollars each year that could be dedicated to poverty reduction and helping poor countries cope with climate change. With many donor country governments dealing with large deficits, and aid budgets in many countries frozen or declining, it is critical that we find other innovative ways to raise the necessary funds.
Take action now for the Robin Hood Tax
Sign the online petition and join people all around the world in calling for the adoption of the Robin Hood Tax at the G20 Summit in November. Make your voice heard!
Send a message to the Finance Minister and your Member of Parliament. Let them know how important the Robin Hood Tax is to you!
Robin Hood Tax Campaign Toolkit
Click here to download the Robin Hood Tax Campaign Toolkit.