COMPAS Poll/Survey
April 17, 2008
 

Asset-Backed Commercial Paper Crisis: Urgent Need for a New Canada-wide Regulatory System over Securities in General, Shadow Banks, and Rating Agencies - U.S. Crisis Might Have Nonetheless Spilled Over into Canada Even with a Strong Regulatory System Here

  BDO Dunwoody Weekly CEO/Business Leader Poll By COMPAS in Canadian Business
 
Categories:  
Policy and Opinion
Consumer and Lifestyle
Business and Finance
Canada has a vital need for a federal regulatory system over securities in general, including shadow banks, and for a system that governs conflicts of interest affecting rating agencies and their customers, say the CEOs and business leaders on the COMPAS panel.

The U.S. crisis might have nonetheless have spilled over into Canada even with a strong regulatory system here. Panelists are divided on this aspect but largely of one mind on the pressing need for federal regulation.

These are the key findings from this past week’s Internet survey of CEOs and business leaders on the COMPAS panel. The weekly business survey is undertaken for Canadian Business magazine under sponsorship of BDO Dunwoody LLP.

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