PRESS DIGEST – Canada – June 3

June 3 (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:

– As Toronto Police prepare to show off their new “sound
cannons” at a Thursday news conference displaying gear for the
G20 summit, the Mounties say they do not use the powerful
devices against urban crowds.

Thousands of police officers are teaming up to protect
world leaders who will visit Toronto this month, but each force
will bring slightly different rules.

– A $2 billion campaign to protect Canadians against an
influenza pandemic failed dramatically in parts of Ontario,
Manitoba and Alberta, newly obtained figures show, with one of
the country’s top doctors acknowledging that public health
officials neglected to properly organize a mass immunization
program.

Just over a third of residents in Alberta, Manitoba and
Ontario were inoculated against H1N1, with a vaccination rate
as low as one in four for residents of Hamilton, Ontario,
according to local health authorities.

BUSINESS SECTION:

– Canadian investors withdrew an estimated $1.25 billion
from mutual funds in May as global stock markets tumbled on
concerns over the debt crisis faced by Greece and other
euro-zone countries.

This is the second consecutive month of net outflows for
the Canadian fund industry, nearly doubling the $670 million in
April, and contrasting with net sales of $939 million a year
ago, according to preliminary figures from the Investment Funds
Institute of Canada (IFIC).

– Molson Coors Brewing Co (TAP.N: ) executives held their
annual general meeting Wednesday amid news of an historic slide
in U.S. beer consumption that the industry is chalking up to
the bad economy. And until employment improves, sales of suds
seem likely to stay in the can.

Shipments in the U.S. are down almost 4 per cent this year,
with few brands escaping unharmed. The No. 1 brand Bud Light,
which claims about 40 per cent of U.S. shipments for
Anheuser-Busch InBev SA (ABI.BR: ), is down 4.5 per cent in the
four weeks ended May 16, continuing a drop that began last
year, while the brewer’s flagship Budweiser brand is off 9.7
per cent in the same period.

NATIONAL POST

– The Canadian government has a fresh lead in the
perplexing case of a foreign national who has been imprisoned
for almost four years solely because officials have no idea who
he really is.

– The federal government supports a prompt, impartial
inquiry into the deadly events in Israel, Minister of State
Peter Kent told the House of Commons Wednesday.

FINANCIAL POST – A group of disgruntled shareholders of
Canwest Global Communications Inc are asking an Ontario court
to reject Shaw Communications Inc’s $2 billion acquisition and
force an open auction for all of the company’s television
assets.

– Canadian smartphone users are paying far higher prices
for less access to the mobile Web compared with their U.S.
cousins — and the gap is quickly getting wider.

AT&T Inc (T.N: ), the biggest mobile phone operator in the
United States said Wednesday it will introduce new data plans
on June 7 that in most cases give customers four times as much
usage for the same price Canadian carriers like Bell Canada
(BCE.TO: ) and Telus Corp (T.TO: ) charge.

Investing Basics

PRESS DIGEST – Canada – June 3