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George Cope, President and CEO of Bell Canada and BCE Inc speaks to The Globe and Mail editorial board on July 25, 2013.
George Cope, President and CEO of Bell Canada and BCE Inc speaks to The Globe and Mail editorial board on July 25, 2013.
(Gloria Nieto/The Globe and Mail)

Cope mum on BCE’s investment in Aequitas Innovations

BCE Inc. chief executive George Cope brushed off questions on Thursday about the rationale for the company’s backing of a nascent Canadian stock exchange, saying that it’s immaterial for the telecom firm.

“I think we’ve done a very, very small private equity investment in it,” he said of Aequitas Innovations, which is planning to launch a stock exchange that will go head-to-head with the Toronto Stock Exchange. “It’s a private investment in a private company, and I really don’t want to comment on that other than to say that it’s completely immaterial for BCE from a financial perspective.”