Thursday, 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