Conclusions

Finally, as in Table 2, there is some (albeit not much) evidence of regional differences across Canada. Respondents from Alberta preferred on average 4.1 months longer until shares should be freely tradable (significant at the 5% level), while respondents in British Columbia on average preferred 3.4 months longer until shares should be freely tradable (significant at the 10% level). There were no other evident differences across the regions.