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TORONTO (CP) -- With $100,000 salaries proliferating, the budgets and staffs of Canada's financial market regulators have exploded since the agencies became independent Crown corporations, the Fraser Institute says in a critical report.
But spokesmen for the regulators say higher salaries and larger staffs were part of the point of the new system put into place in the late 1990s.
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TSE, CDNX execute final deal for exchange merger to take place
The Toronto Stock Exchange signed a definitive deal Tuesday to acquire the Western Canada-based Canadian Venture Exchange.
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