PRESS DIGEST – Canada – April 7

April 7(Reuters) – The following are top stories from
selected Canadian newspapers. Reuters has not verified these
stories and does not vouch for their accuracy.


– He has been accused of running a tightly scripted bubble
campaign that restricts journalists to five questions a day. But
when Stephen Harper made his second swing through the Toronto
area Wednesday, he allowed two sit-down television interviews:
one with the Chinese-Canadian broadcaster Fairchild TV, the
other with Omni Italian news.

– Alberta’s bid to transform a fifth of its oil sands region
into parks and recreation areas has set the stage for a costly
and drawn-out compensation battle with more than a dozen energy
companies whose leases the province wants to cancel.


– A U.S. Senator is urging Washington’s competition
commission to investigate what he suggests is evidence that
Canadian oil sands producers colluded with TransCanada Corp
to manipulate prices in Midwestern petroleum markets.

– Two of the Canada’s biggest financial companies are
embroiled in an increasingly nasty public spat – and the Toronto
Stock Exchange will have to step in as the referee.

Bank of Nova Scotia is the largest shareholder of
mutual fund company CI Financial Corp, with a
37-per-cent stake. CI is in the process of trying to renew its
shareholder rights plan, a device that companies put in place to
try to prevent any one investor from gaining control without
paying a takeover premium.


– Trust and economic recovery might be topping the polls as
the issues most important to voters in Canada’s 41st general
election, but some Canadians might believe keeping the Internet
open and affordable trumps all others.


– The Canadian dollar surpassed the $1.04 mark Wednesday for
the first time in over three years, with analysts indicating the
loonie’s strength shows no sign of abating so long as commodity
prices continue to roar ahead.

– Telus Corp made firm commitments Wednesday to begin
construction on a next-generation mobile network this year, a
well-timed announcement made the same day federal officials were
set to begin formulating rules on a key upcoming auction for new
radio spectrum the mobile giant desperately wants.

PRESS DIGEST – Canada – April 7