Ermanno Pascutto, executive director of FAIR Canada, offered insight and comments on the bid made by Maple Group Acquisition Corp. (a consortium comprised of four Canadian banks and five pension funds) for the Toronto Stock Exchange on BNN’s Business Day.
In the interview, Mr. Pascutto raises the concern that, if the Maple Bid were accepted, eventually users of the system will eventually pay higher fees and asks the question, “to what extent should government become involved in regulating the new group as a public utility?”.
