PRESS DIGEST – Canada – Dec 23

Dec 23 (BestGrowthStock) – The following are top stories from
selected Canadian newspapers. Reuters has not verified these
stories and does not vouch for their accuracy.


– At a time when most government agencies are cutting and
slashing, a little-known spy agency led by a Rhodes Scholar is
the envy of Ottawa for its planned billion-dollar headquarters.

– Canada’s former environment minister Jim Prentice
privately told U.S. Ambassador David Jacobson more than a year
ago that he was prepared to impose new regulations on the oil
sands if the industry and province did not improve their
environmental performance, newly released Wikileaks documents


– Two major Canadian companies are grappling with the
potential fallout from a global deal that aims to level the
playing field on export subsidies for commercial aircraft.

– Canada’s household debt burden, now as heavy as that of
the United States, represents a significant threat to the
country’s economic recovery, the International Monetary Fund


– Canada’s population in the third quarter of 2010 was
driven forward by the highest immigration rates seen in four
decades, Statistics Canada says.

– Mohawks on the Kahnawake reserve near Montreal say they
are happy the Canadian Forces are planning to apologize for
calling the Mohawk Warrior Society an insurgent group.


– ArcelorMittal SA (ISPA.AS: ) says it won’t extend its $407
million friendly takeover bid for Baffinland Iron Mines Corp
(BIM.TO: ) beyond the expiry date of Dec. 29.

– Alberta’s finance department is warning of dire
consequences, including a clash of competing jurisdictions
governing the country’s capital markets, if the Supreme Court
of Canada gives Ottawa the go-ahead to create a national
securities regulator.

PRESS DIGEST – Canada – Dec 23