Most Canadians Against Bank Mergers: Poll
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A new survey finds most Canadians don&#39;t like the idea of big bank mergers. An Ipsos Reid survey shows that 60 per cent of respondents say it would be in their best interests if the federal government rejects the idea.
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The controversial plan to create a  Canadian telecom &quot;champion&quot; by merging Telus Corp.  with  market leader BCE Inc.  would not choke competition and  require a sale of either company&#39;s lucrative wireless network,  Telus&#39;s chief executive said on Thursday.
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The Bank of Canada left interest rates unchanged, saying the economy remained on track despite slower growth and the increased risk posed by a downturn in the United States housing market. The central bank left its key overnight rate at 4.25 percent for the second consecutive time after raising rates seven times between September 2005 and May of this year. Markets had widely expected the bank to hold rates steady. In a statement, the bank was not as dovish as had been expected, leaving analysts less sure about its next moves.
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Two Commerce Bancorp  shareholders go to court on Thursday to try to block a shareholder litigation settlement that is key to the bank's $8.5 billion merger with Toronto-Dominion Bank .
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Canada's two main parties are neck and neck in an opinion poll published on Saturday, leaving the outcome of the next federal election up in the air.
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A group of small brokerages wants to  block a merger between private regulators, saying it is a  backstairs way for larger firms to strip smaller companies of  their power in shaping regulations.
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BCE Inc , Canada's largest telecommunications group, on Saturday accepted a C$51.7 billion ($48.5 billion) offer from a group including the Ontario Teachers Pension Plan, and said it would be the largest buyout in Canadian corporate history.
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Shareholders of Golden-based Adolph Coors Co. and Montreal- based Molson Inc. will cast ballots on the companies&#39; proposed multibillion-dollar merger Jan. 19, the brewers said.
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Banknorth Group Inc. of Portland and TD Bank Financial Group of Toronto announced a merger Thursday that gives Banknorth money to expand while setting the stage
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TORONTO - Goldcorp is allowing its shareholders to vote on a proposed merger with Wheaton River Minerals. Goldcorp&#39;s board of directors decided to schedule a shareholder vote on the merger after a hostile takeover bid emerged from Glamis Gold.
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Is a Canadian the next superinvestor?
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Canadian stocks fell, led by Toronto- Dominion Bank, after the lender said it would buy a controlling stake in Banknorth Group Inc.
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The Bank of Canada rate will hit four per cent by late next year, an economist predicts. OTTAWA -- The Bank of Canada raised its key policy interest rate yesterday while hinting that this could be the start of a new upward trend in borrowing costs.
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MONTREAL (CP) - The governing federal Liberals recently had the support of 40 per cent of Canadians, a shade above the popular vote they scored in last June's election, suggests a recent opinion poll.
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Toronto Dominion Bank (TD.TO), Canada's second-biggest by assets, said on Thursday it would acquire a majority stake of U.S.-based Banknorth Group Inc. (BNK.N), while also boosting its dividend and reporting a 17-percent rise in profits.
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Dutch bank ABN Amro, at the centre of the biggest takeover in the banking industry, on Sunday confirmed its neutral stance on the rival bids of bank Barclays and the three-bank consortium led by Royal Bank of Scotland.
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Two Commerce Bancorp   shareholders go to court on Thursday to try to block a  shareholder litigation settlement that is key to the bank's  $8.5 billion merger with Toronto-Dominion Bank .