January 8, 2013 / 3:51 PM / in 5 years

BRIEF-Scotiabank says "can't wait forever" on Guangzhou acquisition

TORONTO, Jan 8 (Reuters) - Bank of Nova Scotia : * CEO Waugh says CMHC should not be privatized * Scotiabank CEO says bank won’t rush into anything regarding CI Financial Corp

stake, suggests bank could either eventually sell it or buy the

whole thing * Scotiabank CEO says bank “can’t wait forever” for bank of Guangzhou

acquisition to close, says will have to refresh due diligence on transaction * Scotiabank CEO Waugh says his departure is not imminent, but says he’s ”on

the downward slope”

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