Friday, April 18th7.4°C
21104

Alberta says tiffs over securities regulator could lead to more fractured system

OTTAWA - Alberta Finance Minister Doug Horner says disagreements over a national securities regulator could lead to even greater dysfunction, the very thing the federal government is aiming to resolve.

Horner says provinces outside the national regulator process are working on ways to strengthen the current system and possibly find agreement with all governments.

Provincial ministers met on the issue in Ottawa on Tuesday and are expected to present the federal government with a new proposal by the end of January.

Horner says it would be better if the two camps can meet in the middle on the issue, rather than operate under two different set of rules.

In September, the federal government, Ontario and British Columbia agreed to establish a co-operative approach as a first step toward a national regulator, although some of the smaller provinces are believed to be ready to join.

But Quebec and Alberta say the federally led proposal as currently envisioned is not acceptable and have threatened to go back to court to block the initiative.

The Canadian Press


Read more Business News

21297


Recent Trending




Today's Market
S&P TSX14500.39+53.87
S&P CDNX998.770.80
DJIA16408.54-16.31
Nasdaq4095.516+9.291
S&P 5001864.85+2.54
CDN Dollar0.90720.00
Gold1293.80-9.2999
Oil104.59+0.83
Lumber326.10-2.70
Natural Gas4.735+0.205

 
Okanagan Companies
Pacific Safety0.115+0.01
Knighthawk0.01-0.005
QHR Technologies Inc1.29+0.07
Cantex0.055+0.01
Anavex Life Sciences0.3750.00
Metalex Ventures0.08+0.005
Russel Metals30.66+0.11
Copper Mountain Mining2.35-0.07
Colorado Resources0.255-0.01
ReliaBrand Inc0.12-0.01
Sunrise Resources Ltd0.025-0.005
Mission Ready Services0.25+0.02

 
19691


20260

FEATURED Property
17940423078 Soneridge Drive
3 bedrooms 3 baths
$534,000
more details
image2image2image2
Click here to feature your property
Please wait... loading


Learning to flirt with the edge

With all of the adventure activities I have done and still do, I wonder sometimes if the edge still exists. The systematic approach to learning a new adventure or extreme activity combined with the r...


Time spent prospecting

How much time should you put into prospecting? The question is a bit of a puzzle. Ideally, there would be a reference book that lists, by industry, how much time you should invest in prospecting acti...


Valuation fears grip markets

The Big Picture Valuation fears grip markets Growing concerns about the level of stock market valuations sparked a risk-off trade in global markets this week. Investors are worried that many companies...

_



21368

21368


Member of BC Press Council


21202