The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

Finance Minister Jim Flaherty leaves a signing for a national securities agency agreement.
Finance Minister Jim Flaherty leaves a signing for a national securities agency agreement.
(ADRIAN WYLD/THE CANADIAN PRESS)

National securities plan opens old wounds in Alberta

Securities regulation is not the type of issue that triggers angry slogans, suitable for bumper stickers.

When Ottawa announced its latest attempt to cobble together a national regulator – without Alberta – there were no public protests, no calls to let the Eastern bastards freeze in the dark.

Still, the federal government’s aim for a new markets watchdog, and Alberta’s resistance to it, may be one vestige of the old East-West divide that can’t be bridged.