Apparently, a national securities regulator, the holy grail of Canadian capital markets, is finally at hand just as “soon” as the federal government can corral a quorum of the eight remaining provincial holdouts. Don’t get too excited — Alberta won’t be among them, at least for now.
The province, home to the second-largest provincial capital market, continues to vehemently resist all overtures to join any agency that may be viewed as federally constituted.
Theresa Tedesco – Financial Post – June 10, 2014.
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