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Federal Natural Resources Minister Joe Oliver.
Federal Natural Resources Minister Joe Oliver.
(Dave Chan For The Globe and Mail)

Oliver likely to carry banner for national regulator in new role

Supporters of a national securities regulator in Canada can only marvel at their good luck on Wednesday.

With Jim Flaherty’s resignation Tuesday, Canada’s biggest champion of a unified securities regulator is departing politics when so much of his initiative is incomplete. It would normally be a day for hand-wringing and dire predictions that the project will now die from neglect under a distracted new minister.