you end up living someone else's dreams

Ottawa will plow ahead with its push for a common securities regulator even in the face of unanimous opposition from Quebec's National Assembly, Finance Minister Jim Flaherty said yesterday.

I realize this is a random dorky point that might not interest most people, but I think it's good that Jim Flaherty is pursuing getting a national securities regulator for Canada. As a person who worked in an industry where the ten-regulators-for-ten-provinces made an impact on the amount of paperwork you had to do, I can appreciate this. Not only that, but the regulations were also subtly different for different provinces, so I can definitely see the motivation for merging these regulators together. For instance, doing private placement financings, you had to file separate paperwork (containing different levels of detail) in each individual province where you had investors living - it was tedious. Oh yeah, I even had to file paperwork for a single investor in Nunavut once! Who knew there was a securities regulator in Nunavut, I ask you. If they can do it in the US (the SEC) for a much larger business community, surely Canada can implement a comparable system.  | ¶ 2:35 p.m.