Each province, as well as the federal government, will have a "single seat" on the regulator, Flaherty said in a speech to the ACG Capital Connection private-equity conference in Toronto.
The common regulator will be "principles-based" rather than rules-based, he said.
http://www.canada.com/topics/news/politics/story.html?id=3b49b153-dec3-4560-b91d-4d5bea786321
Note: http://www.canada.com/t...
Flaherty To Appoint Sole Regulator Panel By Year's End
Posted on Thursday, November 15 at 13:55 by N SayContributed By
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- by psicloneThu Nov 15, 2007 10:11 pmThis is very good news and long long long overdue. Especially considering the monkeys we have here in BC running this one. Maybe just maybe they will start getting their act together!
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