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March 8, 2002
City of Toronto welcomes participants to Toronto Stock Exchange symposium on Canadian securities regulation
Economic Development -- The City of Toronto welcomes participants to
the joint Toronto Stock Exchange/Capital Markets Institute symposium on
Canadian securities regulation.

The day-long event at the Sheraton Centre on March 8 brings together various
professionals from the financial services industry as well as governments,
educational institutions and affiliate services to discuss issues related to
the nation's securities regulation system.

Experts have been invited to the symposium from across Canada, the United
States, Europe and Australia in an effort to lay the foundation for a national
consensus regarding Canadian securities regulation. This is the first of a
national symposium series focused on Canadian capital markets and is part of
the new Canadian Foundation for Investor Education (CFIE) created by the
Toronto Stock Exchange.

Global competition in the securities industry is fierce and Canada must be
proactive. The City of Toronto feels that a gathering of industry participants
from all segments of the financial services sector to discuss and debate a key
aspect of capital markets will help the process.

City Council itself has been pivotal in the creation of the newly formed
Toronto Financial Services Alliance (Toronto FSA) -- a group whose mandate is
to enhance the long-term competitiveness of Toronto as a financial services
centre. The Toronto FSA team consists of members of the financial services
sector, government, educational institutions and affiliate business services.
The group is slated to present its key findings later this year.

"We welcome participants to the symposium on Canadian securities regulation and
wish them much success," said Brenda Librecz, Managing Director, Economic
Development Division. "The Toronto Financial Services Alliance is also looking
at issues related to the need for a unified national securities regulation
system. The City and the Toronto FSA will be most interested in the day's

Media contacts :
Brenda Librecz, Managing Director, Economic Development Culture and Tourism,
Information about the Toronto Financial Services Alliance:
Kyle Benham, Manager, Sectors and Strategic Partnerships, Economic Development
Division, 416-397-5309
Information about the TSE Symposium:
Steven Kee, Director, Media Relations and Publicity, 416-947-4682, or Lisa
Porlier, Executive Director, Capital Markets Institute, 416-987-5654

Media Contact
Media contact :
Brenda Librecz, Managing Director, Economic Development Culture and Tourism



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