PRESS DIGEST – Canada – July 13

July 13 (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:

– An energetic group of Vancouver residents that has been
campaigning against Mayor Gregor Robertson’s rental-housing
initiative scored a victory Monday, catching and publicizing a
clip of him fuming and swearing about them at the end of a
council meeting before it was wiped off the city website.

– Canadian securities lawmakers will unveil a roadmap on
Tuesday for the creation of a national regulator – one that
won’t include a centralized head office.

The recommendations outlined by a transition office set up
by the federal government will suggest that control reside in a
number of regional offices, the latest compromise in what has
been a 40-year struggle to replace the country’s antiquated
system for policing securities markets with a single agency.

BUSINESS SECTION:

– TransCanada Corp (TRP.TO: ) is locked in difficult talks
with some of Canada’s largest energy companies as it tries to
revitalize one of its most important pipelines.

The company is engaged in a controversial bid to trim the
cost of sending natural gas across the country, while at the
same time raising transportation tolls in places such as
Western Canada, where demand for its product is stronger.

– A German chemical company has chosen Quebec to build what
it says is the world’s largest facility for the production of a
key material used in promising rechargeable battery technology
for electric vehicles.

NATIONAL POST: – The federal government is looking into
amending the Criminal Code to include so-called “honour
killings,” and is considering immigration changes that could
better ensure newcomers understand Canadian laws and values.

At a press conference on Monday, Rona Ambrose, Minister for
Status of Women, said Ottawa is “looking at” adding honour
killing as a separate charge to the Criminal Code.

– Opposition MPs vowed on Monday to continue their efforts
to hold hearings on G20 security issues after their attempt
Monday was stymied by Conservative MPs at a special meeting of
the public safety and national security committee.

FINANCIAL POST:

– More than just Syncrude Canada Ltd was on trial last
month in the oily death of migratory birds in a northern
Alberta tailings pond. Oil sands and mining companies feared,
and environmental lawyers argued, that the future of tailings
ponds in general was at risk. Syncrude itself warned about any
precedent that might be set.

PRESS DIGEST – Canada – July 13