PRESS DIGEST – Canada – Dec 22

Dec 22 (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:

– The federal and provincial governments in Canada are
vowing to establish a ‘gold standard’ of environmental
monitoring of the oil sands development after a series of
reports that suggest regulators are flying blind due to a lack
of scientific data.

– Quebec, which has grappled with efforts to limit the
place of religion in its public institutions, has decided to
bring secularization to the tot-and-toddler set. Starting in
June, publicly funded daycares that teach a particular faith to
their young charges risk losing their government funding.

BUSINESS:

– A Globe and Mail investigation shows that commissions,
bonuses and pricey all-expense-paid trips often factor into a
broker’s decision to recommend particular policies.

– The bitter and lengthy battle between Frank Stronach and
minority shareholders of MI Developments (MIMa.TO: ) is ending in
a truce that will give him ownership of several racetracks in
return for giving up control of the company.

NATIONAL POST:

– Leading up to this year’s Olympic Winter Games, Canadian
officials were ‘sensitive’ to the issue of sovereignty and
repeatedly told their American counterparts that Canada was in
charge of security, according to a leaked U.S. diplomatic cable
posted Tuesday on the website of the British newspaper, The
Guardian.

– The Supreme Court of Canada will rule on Wednesday
whether the federal government will move ahead in policing
reproductive technology – or be forced to let the provinces or
the industry itself regulate the field.

FINANCIAL POST:

– Disgruntled pharmacists have officially launched a C$1
billion class action lawsuit that accuses Canada’s Shoppers
Drug Mart (SC.TO: ) of breaching a franchise agreement and
unfairly seizing profits.

PRESS DIGEST – Canada – Dec 22