Flaherty says bank mergers still not on agenda

Tue Mar 18, 2008 12:00pm EDT
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TORONTO (Reuters) - Finance Minister Jim Flaherty said on Tuesday that regardless of the woes in the U.S. financial system, the question of whether Canadian banks should be allowed to merge is not a priority for the minority Conservative government.

"No, our opposition on bank mergers remains what it has been for more than two years, that it's not a priority for us," Flaherty told reporters in Toronto.

(Reporting by John McCrank; editing by Rob Wilson)