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Prime Minister Stephen Harper meets with United States President Barack Obama during a bilateral meeting at the G20 in Los Cabos, Mexico Tuesday June 19, 2012.
Prime Minister Stephen Harper meets with United States President Barack Obama during a bilateral meeting at the G20 in Los Cabos, Mexico Tuesday June 19, 2012.
(Adrian Wyld/CP)

DAVID PARKINSON

Poor marks for bank reform on Canada's G20 report card

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As the G20 leaders meet in St. Petersburg this week to hash out their priorities for the world’s biggest economies, it’s illustrative to consider how well they have addressed the last set of priorities set when they met in Mexico 15 months ago. A study from a University of Toronto-based research body has given the G20 a B+ for overall compliance to the commitments made at the 2012 Los Cabos meeting – not bad. But the report also shows that most countries are lagging on implementing key reforms aimed at safeguarding the global economy from another financial meltdown – and Canada is among the laggards.