• G20 must focus on highest priorities such as better capital, liquidity standards, ways to resolve bank failures
• Bank levy discussion is distraction from G20 core agenda
• Sees several reasons to expect Canadian housing market to slow, should happen over the balance of the year
• Won’t say if next Canadian rate hike will be in June
• Forecasts higher business investment that should boost productivity; will need that for economy to grow
• G20 must be unanimous on need for capital standards, liquidity; different countries can have different approaches to bank levy idea
• Some countries, including Canada, will not introduce bank levies