PRESS DIGEST – Canada – May 21

May 21 (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:

– Quebec Premier Jean Charest relinquished the
$75,000-a-year bonus he receives from the Quebec Liberal Party.
With his government under criticism in recent months, amid a
string of revelations about donors to the party receiving
government contracts or favours, Charest was under pressure to
give up his bonus.

– A majority of provinces fear that the dozens of crime
bills forming the centrepiece of Prime Minister Stephen
Harper’s legislative agenda will cost their taxpayers billions
of dollars and they want Ottawa’s help in paying for the
anticipated influx of prisoners.

BUSINESS SECTION:

– Chevron Corp (CVX.N: ) faces more intense regulatory
scrutiny of its operations as it proceeds to drill the deepest
offshore well ever in Canadian waters, the federal-provincial
regulator said.

– A former vice-president of Research In Motion Ltd
(RIM.TO: ) has been accused of improperly buying shares of
Certicom Corp, after allegedly learning at a company golf
event that RIM was in confidential discussions to acquire the
company.

NATIONAL POST:

– The all-party committee of MPs that rejected an audit
request from Auditor-General Sheila Fraser will likely consider
alternatives to improve transparency and accountability,
Conservative MP Jay Hill, the spokesman for the House of
Commons board of internal economy said.

– Craig Venter, a multi-millionaire pioneer in genetics,
and his team managed to make a completely new “synthetic” life
form from a mix of chemicals.

FINANCIAL POST:

– The U.S. Senate approved a sweeping Wall Street reform
bill on Thursday night, capping months of wrangling over the
biggest overhaul of financial regulation since the 1930s.

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PRESS DIGEST – Canada – May 21