The proposed merger of the Toronto and London Stock exchanges is getting a rough ride. Several Canadian banks have come out against the idea. That doesn't bode well for the marriage according to Thunder Bay investment expert Blake Cameron. He says with 4 of the big banks likely to oppose the deal, it will decrease the likelihood the whole deal will go through. Cameron says a possible federal election may also play into the deal being nixedThursday, March 10, 2011
Merger may not happen says local expert
The proposed merger of the Toronto and London Stock exchanges is getting a rough ride. Several Canadian banks have come out against the idea. That doesn't bode well for the marriage according to Thunder Bay investment expert Blake Cameron. He says with 4 of the big banks likely to oppose the deal, it will decrease the likelihood the whole deal will go through. Cameron says a possible federal election may also play into the deal being nixed