A critic of plans to take over Canadian exchange operator TMX Group (X.TO) will put out a minority report that opposes recommendations to come from an Ontario legislative panel, raising the prospect that an early step in a complicated review process will approve the deal. Gilles Bisson, the only member of the left-of-center New Democratic Party on the Ontario committee, would not comment on the contents of his minority report, or on the conclusions of the majority report. But Bisson has in the past opposed the proposed C$3 billion ($3.1 billion) takeover by the London Stock Exchange, which would create a $7 billion transatlantic exchange doing $4 trillion in annual trading, arguing that Canada could lose control of its capital markets to a holding company in London.
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