Harper to Force Single Securities Regulator, Post Reports
October 30, 2008 06:18 pm
By Sean B. Pasternak
Oct. 30 (Bloomberg) -- Canadian Prime Minister Stephen Harper plans to push for a single securities regulator when he meets with the country's provincial premiers to discuss the economic crisis, the National Post reported.
Harper plans to head to Washington days after the Nov. 10 meeting with premiers with a ``credible pledge'' to create a single agency, the newspaper said, citing an unidentified adviser.
Quebec, which has opposed the national regulator plan in the past, has softened its opposition as part of a deal brokered by Canadian Finance Minister Jim Flaherty and his Quebec counterpart Monique Jerome-Forget, the newspaper said. Securities regulation is Canada in run by the provinces and territories.
To contact the reporter on this story: Sean B. Pasternak in Toronto at [email protected].