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Inequality and poverty

Canada breaks ranks on bankers' bonuses

Canada likes to think of itself as the country that emerged from the financial crisis squeaky clean. Too bad it is abdicating a leadership role in creating a safer financial system going forward.

The issue is bonuses paid to top executives in the financial sector. It looks like the Europeans and Americans are pushing for consensus at the upcoming G20 meetings to adopt limitations on these bonuses. But Canada is poised to be the spoiler.

What is the fuss about bonuses?

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