PRESS DIGEST – Canada – Dec 10

Dec 10 (BestGrowthStock) – 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:

– Prime Minister Stephen Harper’s government is bracing for
a backlash over a border security agreement it is negotiating
with the United States, anticipating it will spark worries
about eroding sovereignty and privacy rights, a document
obtained by The Globe and Mail shows.

– Canada, Russia and Japan remain under intense pressure to
soften their opposition to the Kyoto Protocol as negotiators
seek to find compromises on key sticking points heading into
the final day of the Cancun climate summit.

BUSINESS:

– TransCanada Corp (TRP.TO: ) is giving up $550 million in
revenue as it seeks to arrest a “death spiral” in tolls on one
of its most important pipeline networks.

– BCE Inc (BCE.TO: ) will go before the federal broadcast
regulator in February to ask for approval of its deal to
acquire control of the broadcasting arm of CTVglobemedia Inc.

NATIONAL POST:

– Researchers have isolated specific genes in HIV that
makes the virus resistant to drugs — a discovery that could
significantly bolster our understanding of HIV and how to treat
it.

– The opposition is accusing the Stephen Harper government
of ceding Canadian sovereignty through a proposed deal with the
United States that would establish a security perimeter around
the two countries as a way to stimulate trade.

FINANCIAL POST:

– Texas Republican Ron Paul — author of the bestselling
book End the Fed, who has called central banking “inherently
incompatible with our Constitution and a free market economy”
— was named Thursday to head the Domestic Monetary Policy
Subcommittee, which oversees the U.S. Federal Reserve.

PRESS DIGEST – Canada – Dec 10