PRESS DIGEST – Canada – Sept 10

Sept 10 (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:

– Nancy Pelosi would like to see the United States buy less
of what Canada is selling.

At a luncheon at the U.S. ambassador’s Ottawa residence on
Thursday, the powerful Speaker of the House of Representatives
said she is committed to reducing her country’s dependence on
fossil fuels — and that includes Canadian crude oil and
natural gas.

– Influential Canadian women say the promise of equality
that was dangled before them during the 1960s and 1970s has
never been fully met and a “third wave” of feminism is needed
to revive the drive.

Governor-General Michaelle Jean, who is soon to depart the
office she has held for the last five years, called about 200
of the women she met on her travels through Canada to a
conference at Rideau Hall this week to talk about women’s
security.

BUSINESS SECTION:

– An embattled Canadian pipeline company has shut down
another major crude transportation link after a leak sent oil
bubbling to the surface in a small Illinois town.

Enbridge Inc (ENB.TO: ) halted all oil moving through a
pipeline it calls Line 6A after the leak was discovered in an
industrial park in Romeoville, Illinois.

– After months of standing still, major European banks are
on the verge of making big moves to shore up their rickety
balance sheets as regulators prepare to finalize tough new
capital rules for financial institutions.

NATIONAL POST:

– Prime Minister Stephen Harper said Thursday that if his
government agrees to spend millions of dollars to help build an
NHL hockey arena in Quebec City, it will be duty-bound to
provide similar support for sporting facilities in the rest of
the country.

– Liberal and New Democratic Party concessions to make the
gun registry more palatable to opponents are under attack from
the governing Conservatives, who contend the proposals are
complicated, difficult to execute and even unconstitutional.

FINANCIAL POST:

– A handful of Canada’s most powerful energy executives
spent an hour with Nancy Pelosi, the Speaker of the U.S. House
of Representatives, pitching how the oil sands industry has
improved its environmental credentials, while making no attempt
to correct what they see as misleading and incorrect statements
that have been lobbed against them.

– Ontario is offering a wide array of aggressive tariffs
and incentives to promote green technology, particularly toward
renewable power generation and alternate energy vehicle
production. It should instead follow the example of India,
which has based its success in the green economy by sparing its
own citizens the cost of inefficient subsidies and capitalized
on the incentives offered in other jurisdictions.

PRESS DIGEST – Canada – Sept 10