November 20, 2012 / 8:33 PM / 5 years ago

Canada's Flaherty hopeful on national securities regulator

TORONTO, Nov 20 (Reuters) - Canada's finance minister expressed optimism on Tuesday that federal and provincial authorities could reach a common position on the creation of a national securities regulator.

"We've made some significant progress. I don't want to be overly optimistic, but I think there is some prospect that we'll be able to get to a common position," Finance Minister Jim Flaherty told reporters after discussing the issue with Ontario Finance Minister Dwight Duncan.

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