PRESS DIGEST – Canada – Nov 18

Nov 18 (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 slow North American recovery will chug along over the
next two years, the Organization for Economic Co-operation and
Development says, while warning that a weakening real estate
market in both Canada and the United States poses a downside
risk to the rebound.

– Newfoundland and Labrador Premier Danny Williams is
making an end run around Quebec and striking a deal with Nova
Scotia to launch the long-delayed Lower Churchill power
project.

BUSINESS:

– The Ontario government is introducing broad new rules to
police the $12-trillion Canadian derivatives market — an
opaque corner of the financial world that played a key role in
the global financial meltdown.

NATIONAL POST:

– The recent death of a Montreal woman after waiting six
hours in a hospital emergency ward, and a crisis summit of
experts in Alberta this week is highlighting renewed anxiety
throughout the country about emergency backlogs.

– Worried that its citizens are saddled with record levels
of personal debt and declining savings, the Quebec government
plans to push banks and businesses to tighten access to credit
in order to avoid a “brutal” reckoning of household finances.

FINANCIAL POST:

– The federal and Ontario governments have decided to take
the ‘prudent’ approach to General Motors Co’s [GM.UL] initial
public offering rather than follow the lead of the U.S.
Treasury and the United Auto Workers health trust.

PRESS DIGEST – Canada – Nov 18