The Royal Bank announced plans to merge with the Bank of Montreal. RBC chairman John Cleghorn said all Canadians should agree the merger would be a good move. It was eventually scuttled by the federal Liberal government amid public opposition.

Date: 1998-01-23
Placeline: TORONTO, Ontario.
Source: The Canadian Press
Length: 9 seconds

Transcript Prediction: << because it means a made-in-canada response to globalization this is not a branch plant headquartered somewhere else >>

Earbank_1998-01-23_Bank-Merger-Cleghorn_7194