also, if my memory is serving me right, under the Banking ACT...

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    also, if my memory is serving me right, under the Banking ACT (not sure of the actual name of the Act) governing a bank's shareholding, no one shareholder is permitted to control a bank (there is a shareholding cap). There may be a provision for the treasurer to dispense with that prohibition, but on public policy ground for the treasurer to allow that to happen to a big retail bank might prove to be too controversial.

    Just my opinion.

 
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