PRESS DIGEST- Canada-Nov 1

Reuters

Nov 1 (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

* A new environmental study into Taseko Mines Ltd's billion-dollar New Prosperity mine proposal in British Columbiasays it would pose "several significant adverse environmentaleffects." ()

* Singing superstar Shania Twain and the late Saskatchewancurler Sandra Schmirler are among the notable Canadians who willbe celebrated with postage stamps in 2014. ()

Reports in the business section:

* Barrick Gold Corp is moving aggressively to slashcosts and deal with a debt hangover, halting construction at itsexpensive Pascua Lama mine and raising billions in one ofCanada's biggest stock sales. ()

* Some of the world's largest energy companies haveunleashed a torrent of oil sands spending, despite industryconcerns about access to export markets, soaring costs andvolatile Canadian heavy crude prices. ()

NATIONAL POST

* Toronto Police Chief Bill Blair announced on Thursday thatinvestigators have found a video of Toronto Mayor Rob Ford thatallegedly depicts him smoking a crack pipe and charged hisfriend with extortion, leading a defiant mayor to insist he has"no reason to resign." ()

* If there were any doubts about the oil sands industry'sresolve to expand amid growing protests, escalating costs andvolatile oil prices, they were put to rest Thursday by megaannouncements by Canadian and global oil companies that they arepushing forward with a new generation of projects. ()

FINANCIAL POST

* Two years after losing out on a bid to buy rival PrimeRestaurants, Cara Operations has reached adeal with Fairfax Financial Holdings Ltd to merge thetwo food service giants. ()

* The Toronto stock market ended October trading sharplylower Thursday, amid major announcements from the oilpatch,earnings disappointments and uncertainty about the FederalReserve's next move. ()

Rates

View Comments (0)