Ottawa will decide within days whether to formally weigh the benefits of merging Canada’s key stock exchange with the London Stock Exchange, Industry Minister Tony Clement says. The big banks that dominate Bay Street have been cautious in their comments on the deal. But pointed objections raised by Ontario on Friday were being reinforced Sunday by one of the country’s best known financiers, Brett Wilson, who said he’s a “skeptic” on the merger.
See http://www.theglobeandmail.com/globe-investor/tmx-deal/decision-on-tmx-lse-merger-review-is-imminent-says-tony-clement/article1905707/.
See also http://www.miningnews.net/StoryView.asp?StoryID=2381801.