And what a lot of people don't realise (from watching mostly American TV) is that the Canadian market system is, at least slightly, different. Per a conversation I had with a regional manager for TD Canada Trust: it's against the law for a Canadian bank to be bought by a foreign company. That would explain why Americans are so astonished when our government gets involved, and why it's taking such an interest in the MDA deal.
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And what a lot of people don't realise (from watching mostly American TV) is that the Canadian market system is, at least slightly, different. Per a conversation I had with a regional manager for TD Canada Trust: it's against the law for a Canadian bank to be bought by a foreign company. That would explain why Americans are so astonished when our government gets involved, and why it's taking such an interest in the MDA deal.