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IIAC President and CEO tells BNN’s Greg Bonnell the 2017 federal budget suggests a year from now we’ll be in the exact same place. All we have left is the same programs with a few changes and it’s not enough to give our economy a boost.
You can read the IIAC’s reaction to today’s federal budget here.
In February, I had discussions with global regulators at the Bank for International Settlements (BIS), the Financial Stability Board (FSB) and the Fixed Income, Currencies and Commodities Markets Standards Board (FMSB).
While there is pressure to adjust existing regulatory reforms, regulators will strongly resist these overtures to avoid undermining the much improved stability of the global financial system.
You can read more in the my most recent Letter from the President. Click here.