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Fewer deals, fewer deal makers: Brokerages face hard truths Add to ...

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Canada’s securities industry is shrinking, with jobs and firms disappearing at a pace that has taken the business back to 2010 levels.

Volatile markets, nervous investors and a lack of interest in Canada’s commodity producing companies have combined to cut the volume of transactions for investment dealers. Fewer deals need fewer deal makers. The result is that employment in the industry and the number of firms doing business have fallen to the lowest in at least three years.

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