PRESS DIGEST- Canada-30 Sept

Reuters

Sept 30 (Reuters) - The following are the top stories fromselected Canadian newspapers. Reuters has not verified thesestories and does not vouch for their accuracy.

THE GLOBE AND MAIL

* Major energy companies led by Imperial Oil Ltd have applied to drill for crude in the Beaufort Sea, targetingan area that could require operations in the deepest water yetfor the industry in the Canadian Arctic. Imperial, Exxon MobilCorp and BP PLC filed a project description withregulators this month as a first step in the proposed drillingon two jointly held licences about 175 kilometres northwest ofTuktoyaktuk, Northwest Territories. ()

* Monday brings a reading of Canadian gross domestic productfor July. The consensus among economists is that the economygrew 0.5 per cent in the month - a reversal from June whenfloods in Alberta and the Quebec construction strike caused a0.5-per-cent contraction. ()

Reports in the business section:

* A series of high-level meetings are under way to discusshow the British Columbia and Alberta provinces can open up thepath to B.C.'s coasts, and then Asian markets. An agreement isnot imminent, but officials for both the provinces are workingon a framework to address B.C.'s five conditions. ()

* BlackBerry Ltd's prized intellectual propertyrisks leaving the country, even if the troubled company winds upunder Toronto-based Fairfax Financial Holdings Ltd's control. Only a limited number of buyers worldwide can affordthe smartphone maker's patent portfolio. But for those who can,it is a find so rare that it has outsized value. ()

NATIONAL POST

* The Conservative government is launching a $1.3 billionfree market in medical marijuana this Tuesday, eventuallyproviding an expected 450,000 Canadians with quality weed.Health Canada is phasing out an older system on Monday thatmostly relied on small-scale, homegrown medical marijuana ofvarying quality, often diverted illegally to the black market.

View Comments (0)