Canada ramps up fight against Volcker rule

OTTAWA (Reuters) – Canada stepped up pressure on Washington on Monday to rewrite its controversial Volcker rule to remove restrictions on Canadian bank activities that it says do not threaten the U.S. financial system. Bank of Canada Governor Mark Carney, who is also chairman of the Financial Stability Board, a global watchdog set up by the Group of 20 nations, and Finance Minister Jim Flaherty …