PRESS DIGEST – Canada – Sept 8

Sept 8 (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:

– Fearing another shipload of migrants is headed here,
Stephen Harper’s Conservatives are drawing up measures to
demonstrate Ottawa is cracking down on illicit passage to
Canada.

The Harper government is preparing a package of measures —
which may include legislation — to make life more difficult
for smugglers and those who crew their ships, such as the MV
Sun Sea that ferried 492 Tamil refugee claimants to Victoria in
August.

– One of the top officials in the U.S. government, Nancy
Pelosi, will get a crash course this week on Canada’s oil sands
in a series of private meetings quietly orchestrated by
President Barack Obama’s point man in Ottawa. The meetings will
focus on climate change, the oil sands and the Canadian energy
industry.

BUSINESS SECTION:

– Canada’s banking regulator is preparing to lift a
two-year-old constraint that has pushed the country’s banks to
preserve excess capital instead of using it to increase
dividends, buy back shares or make acquisitions.

– The rupture of an Enbridge Inc (ENB.TO: ) oil pipeline is
draining millions of dollars per day from the profit margins of
Alberta’s heavy-crude producers as a sudden supply glut in
Canada depresses prices.

NATIONAL POST:

– Concerns about the sanctity of life and the slippery
slope represented by euthanasia ran up on Tuesday against the
Rouleau family, who travelled to Montreal to tell a legislative
committee about the day last June the family’s wheelchair-bound
patriarch ended his life with a hunting rifle.

– As recently as 2008, one in five Canadian teens were not
pursuing a formal education — a figure that falls below the
average of other developed countries, a new Statistics Canada
report suggests.

FINANCIAL POST:

– Any savings Canadians have realized through this period
of near-zero interest rates have been all but wiped out by the
large amount of debt households have taken on, new research
shows.

– Research In Motion (RIM.TO: ) has purchased part of
software maker DataViz Inc, the Milford, Connecticut company
behind the popular smartphone application Documents To Go.

PRESS DIGEST – Canada – Sept 8