Tory Statement Quashes Bankers' Insurance Hopes

Financial Post, Pail Vieira and Wojtek Dabrowski, 14 January 2006Ottawa, Toronto - A Conservative government would deny chartered banks the right to sell many types of insurance directly to customers in their branches, the Stephen Harper-led party said yesterday.The revelation, contained in a one-sentence statement in the party's official platform, could represent a major setback for the banks