Conservative Victory May Smooth LSE-TMX Tie-Up

The entrance to the London Stock Exchange

The TMX Group–London Stock Exchange merger was not on Canada’s general election ballot yesterday, but the victory of Canadian Prime Minister Stephen Harper's pro-business Conservative Party is good news for the proposed deal.

Now that the Conservatives hold a 167-seat majority in the 308-seat parliament, any federal issues regarding the merger will probably be smaller than those potentially raised by the Liberal Party that lost 43 seats in the contest.

A month ago, a legislative committee of the

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