Banks & Insurance Companies Should Be Allowed to Merge: CD Howe

The Globe and Mail, Tara Perkins, 28 June 2007The government urgently needs to reform the regulations governing banks and insurers in this country, says a new report released by the C.D. Howe Institute.It calls for Ottawa to allow mergers among banks, as well as between banks and insurers, while also making it easier for foreign financial institutions to enter the Canadian market.�Even if the two