The Canadian Press

2000-06-13 | Bank-Laws

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Finance Minister Paul Martin introduced a gigantic package of reforms to Canada's financial services industry. Canadian Press reporter Terry Pedwell said new rules for bank mergers were among the highlights. (Martin called the proposed amendments "responsive to the rapidly changing global environment.")

Date: 2000-06-13
Placeline: Ottawa, ON, Canada
Source: The Canadian Press
Length: 20 seconds

Transcript Prediction: << at the almost nine hundred page document outlines the rules banks would have to follow if they want to formally joined forces but it still gives the finance minister the final say over any merger proposals and the legislation includes protections for consumers from gouging by the big banks many of the changes were driven by two failed bank mergers proposed more than two years ago >>

Clip ID: 20000613CPCN001