WATERLOO Ontario (Reuters) - Canadian Finance Minister Joe Oliver said on Monday that discussions with the country’s provinces about joining a national securities regulator are “moving at a good pace.”
Four out of the country’s 10 provinces have so far signed on to the project that is designed to end a patchwork of local regulators.
“I can’t comment on our discussions with individual provinces and territories except to say that a number of them are moving at a good pace,” Oliver told reporters following a speech.
The regulator is scheduled to start up in the autumn of 2015.
Reporting by Euan Rocha; Writing by Leah Schnurr; Editing by Meredith Mazzilli