The government of the Canadian province of Ontario plans to set up an all-party committee to review the London Stock Exchange's (LSE.L) proposed $7 billion bid for Canada's TMX Group (X.TO), Canadian newspapers reported on Monday. The committee will look at the transaction's impact on Toronto's financial services sector as well as the mining industry in the north of the province, the papers said, quoting unnamed government sources. Toronto, which is Ontario's capital and Canada's financial capital as well, is home to hundreds of thousands of jobs in the finance industry.
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