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.
Read more Business News
- Flooding washes out roads in Montana World
- Lost snowmobiler was full of lifeVernon / N. Okanagan
- Buskers festival remains on radarKelowna
- Harvesting rain water in the OkanaganPenticton / S. Okanagan
|QHR Technologies Inc||1.19||+0.01|
|Anavex Life Sciences||0.54||+0.12|
|Copper Mountain Mining||2.14||-0.06|
|Sunrise Resources Ltd||0.03||-0.005|
|Mission Ready Services||0.275||-0.02|
How will you pay for this today? Maybe it’s time to change the way you answer this common checkout question.With more payment options than ever, consumers can find easy ways to save money, simpl...
In the razzle dazzle of Hollywood it is hard to find anyone who stands out from the crowd. The fraternity of Actors, Producers, Directors and various other technical guru’s seem to live in a wo...
This past Sunday I drove from Kelowna to Powell River. For those of you who’ve never had to, particularly in winter, it means rising in the wee hours; managing a treacherous journey on the Coqui...