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Independent topical source of current affairs, opinion and issues, featuring stories making news in Canada from immigrants, newcomers, minorities & ethnic communities' point of view and interests.

Toronto Stock Exchange: Tom Kloet

Tom Caldwell Dept: TORONTO - TMX Group chief executive Tom Kloet will remain in charge of the company that runs the Toronto Stock Exchange, Maple Group Acquisition Corp. said Thursday as it appeared set to complete its takeover, according to Winnipeg Free Press. Tom Caldwell, chairman of Caldwell Securities, said keeping Kloet in charge was a "smart move." Tom Kloet, CEO of the TMX Group, poses for a photo in Toronto on April 21, 2011. THE CANADIAN PRESS/Chris Young The consortium of a dozen Canadian banks, pension funds and investment firms said Kloet will be named CEO of Maple if enough shareholders tender their shares to its takeover offer by a deadline at the end of the month. (www.immigrantscanada.com). As reported in the news.