PRESS DIGEST – CANADA – April 5

BANGALORE, April 5 (Reuters) – The following are top stories
from selected Canadian newspapers. Reuters has not verified
these stories and does not vouch for their accuracy.

THE GLOBE AND MAIL:

– Canada’s Prime Minister Stephen Harper has taken aim at
rural Canada with a pledge to scrap the long-gun registry and
lay siege to the ridings of the 14 opposition MPs who changed
their votes to preserve the registry in the last Parliament.

– Ontario’s Liberal government was at a loss on Monday to
explain why a former deputy minister of health was paid
C$762,000 in 2010 when he left government the year before.

Report on Business Section:

– Canada’s financial regulator has ordered the country’s
life insurers to conduct their most stringent tests ever to
measure risks from stock markets and interest rates, a sign that
the watchdog continues to worry about the sector.

– Kinross Gold Corp says it has struck a $350 million
deal to acquire full control of the Kupol gold mine in Russia.

NATIONAL POST

– The Lord Provost of Glasgow came to Toronto this week with
a message: The two cities should leverage their common heritage
for stronger business ties.

Bob Winter began a whirlwind North American tour on Monday
in Toronto, a city he says Glasgow “will always be friendly with
for all kinds of reasons.” His trade visit comes during Scotland
Week in North America; it also comes three years before Glasgow
is set to host the 2014 Commonwealth Games, to be followed a
year later by the 2015 Pan Am Games in Toronto.

Financial Post section:

– Inflation expectations among Canadian companies have
surged to their highest level since mid-2008, a survey showed on
Monday, a development that may prompt the Bank of Canada to
start laying the groundwork next week for higher interest rates.

– When it comes to pursuing international acquisitions,
Minmetals Resources Ltd has two major competitive
advantages: access to near-endless pools of Chinese capital, and
a Western management team with experience in completing
difficult cross-border transactions.

PRESS DIGEST – CANADA – April 5