Canadian Finance Minister Jim Flaherty is standing firm in reiterating Canada's position that it will not ante up part of the $400 billion US sought by the International Monetary Fund for an emergency eurozone fund.
While other world financial leaders have already made funding commitments, Flaherty told reporters Friday at a press conference in Washington, D.C., that no such pledge could be expected from Canada.
"Canada has always supported the IMF," Flaherty said after meeting with other G20 finance ministers. "At the current juncture, however, we believe that the fund has adequate resources to deal with imminent needs.
For more: Flaherty affirms no eurozone bailout funds from Canada - Business - CBC News
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