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Feb 29, 2000

Turning from the precipice

Canadian capital markets are evolving to face the threat of US domination

It all began two years ago in Kuala Lumpur, Malaysia. Then, at an annual meeting of the world's stock market executives, the chiefs of Canada's major exchanges found themselves in the same room. The conversation inevitably turned to common challenges. No doubt the changing way Canadian investors trade was discussed; as well as their clamor for access to global markets. Similarly, record numbers of Canadian companies – large and small – are going abroad in search of investors.

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