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New Canada finance minister favors national securities regulator

Published 2016-01-11, 02:21 p/m
© Reuters.  New Canada finance minister favors national securities regulator

OTTAWA, Jan 11 (Reuters) - Finance Minister Bill Morneau
signaled on Monday that Canada's new Liberal government would
follow through on the efforts of the previous Conservative
government to set up a national securities regulator designed to
replace a patchwork of provincial bodies.
"We do favor (a) collaborative national securities
regulator. We respect the decision of the Supreme Court and
recognize that we will do this together in collaboration with
those provinces that are willing to be part of this initiative,"
Morneau told a news conference in Halifax, Nova Scotia.

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