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Finance Minister Jim Flaherty stands in the House of Commons in Ottawa, Monday January 27, 2014 to announce he will deliver a budget on February 11.
Finance Minister Jim Flaherty stands in the House of Commons in Ottawa, Monday January 27, 2014 to announce he will deliver a budget on February 11.
(Fred Chartrand/CP)

Scold all you like, IMF – Flaherty’s not budging

When it comes to financial regulation, Finance Minister Jim Flaherty isn’t one to tinker.

If something is broken, like, say, Canada’s disjointed approach to securities oversight, he’ll fix it – even if he has to do all the work himself. As for upgrades that would in theory improve the odds of avoiding a financial meltdown, Mr. Flaherty is content to leave the wonks and pinheads to have their internal debates and to write their papers.