Why Is There a Resistance to Implementing a Federal Regulator

question 14

Multiple Choice

Why is there a resistance to implementing a federal regulator in Canada?

• A)The federal government is reluctant to intervene in the financial marketplace.
• B)The provincial governments are earning prohibitive profits from having control.
• C)Some provinces will have to give up control.
• D)Federal laws prohibit the federal government from intervening in securities regulation.

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Definitions:

Adaptation

The process of adjusting or changing to become better suited to an environment or situation.

Decline

A decrease in the quality, quantity, or importance of something.

Middle Adulthood

A stage of life, typically ranging from age 40 to 65, characterized by increased personal and professional responsibilities, reflection on life achievements, and preparation for later life stages.

Friendships

Close, cooperative, and supportive relationships between two or more individuals not based on family bonds.