Wednesday, April 23rd12.7°C

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


Recent Trending

Today's Market
S&P TSX14533.39-22.58
S&P CDNX1010.986.10
S&P 5001875.39-4.16
CDN Dollar0.90650.00
Natural Gas4.737+0.007

Okanagan Companies
Pacific Safety0.115+0.01
QHR Technologies Inc1.22+0.01
Anavex Life Sciences0.38-0.005
Metalex Ventures0.080.00
Russel Metals31.30+0.13
Copper Mountain Mining2.33-0.05
Colorado Resources0.27+0.01
ReliaBrand Inc0.11+0.03
Sunrise Resources Ltd0.025-0.005
Mission Ready Services0.250.00



1848301#Prop Lot 1 Lot 229 Nighthawk Road
10074930 bedrooms
more details
Click here to feature your property
Please wait... loading

On living and dying

Our ability to live beyond our years has nothing to do with medical science; we will all live longer than our physical bodies, each of us will leave behind a personal legacy made up of our deeds, our ...

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...


Member of BC Press Council