PRESS DIGEST- Canada - Nov 19


Nov 19 (Reuters) - The following are the top stories fromselected Canadian newspapers. Reuters has not verified thesestories and does not vouch for their accuracy.


* Canadian Prime Minister Stephen Harper's office is wadinginto the Rob Ford saga, avoiding specifics but calling therecent "allegations" against the Toronto mayor "troubling." ()

* Calgary Mayor Naheed Nenshi will not back down in the faceof a $6 million defamation suit. On Monday, Nenshi responded toa suit filed by developer Cal Wenzel who was secretly recordedlast year discussing a plan to defeat members of city council inthe recent October election. ()

Reports in the business section:

* Kevin Crull, president of Bell Media, acknowledged thatbig TV bundles have become a "hot-button issue" for consumers,but warns there could be "unintended consequences" if Ottawaforces TV distributors to make dramatic changes to theirbusiness models. ()

* The consortium of multinationals that controls Ontario'sbeer retailing has published a study that suggests they are notmaking windfall profits because of prices that are sharplyhigher than in Quebec. ()


* Toronto council took unprecedented steps to neuter RobFord's mayoralty during another astonishing meeting that saw himget into a screaming match with residents. ()

* Canada's budget watchdog is asking MPs to get to thebottom of why the Harper government is spending billions lessthan it budgets for, or Parliament authorizes. ()


* With just a few moves, Fairfax Financial Holdings Ltd has turned up the fire under Canada's tepid casualdining market. Fairfax's purchase of a 51 percent stake in KegRestaurants Ltd on Monday comes just weeks after the Torontoinvestment firm bought a minority interest in Swiss Chalet ownerCara to spur a merger with its own Prime Restaurants. ()

* The Ontario Teachers' Pension Plan took a big bite of oneof the United Kingdom's major biscuit makers on Monday, buyingthe iconic Burton's Biscuit Company which produces the brandsWagon Wheels, Jammie Dodgers, and Cadbury Fingers under licence.

View Comments (0)