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PRESS DIGEST-Canada-Nov 13

Published 2015-11-13, 06:17 a/m
© Reuters.  PRESS DIGEST-Canada-Nov 13
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Nov 13 (Reuters) - The following are the top stories from
selected Canadian newspapers. Reuters has not verified these
stories and does not vouch for their accuracy.


THE GLOBE AND MAIL
** Canadian Prime Minister Justin Trudeau will use his first
international trip as an opportunity to show other nations there
is an economic - as well as humanitarian - case for welcoming
large numbers of Syrian refugees. Mr. Trudeau will participate
in a summit of G20 leaders hosted by Turkey. (http://bit.ly/1MrFcXR)

** In what has become an annual ritual, Toronto's police
board has approved a budget increase following deliberations
that largely ignored the major driver behind ballooning police
costs. The C$1.006-billion ($757.53 million) budget approved
Thursday is up 2.76 per cent from last year and up about 35 per
cent from a decade ago. (http://bit.ly/1HM8ZIN)

** Suncor Energy Inc SU.TO stepped up its attack on
Canadian Oil Sands Ltd COS.TO , accusing the company's board
and management of "misleading spin" and warning its investors
that a rejection of the hostile takeover would trigger a
collapse in the bid target's stock price. (http://bit.ly/1O6LTRV)

NATIONAL POST
** Two companies with enormous cash hoards are capitalizing
on a tough gold market and buying assets from Barrick Gold Corp
ABX.TO . Miner Kinross Gold Corp K.TO and private equity
player Waterton Global Resource Management LP have agreed to pay
Barrick a combined $710 million for assets across Nevada. (http://bit.ly/1QzX3B4)

** Encana Corp ECA.TO will push "pause" on a natural gas
processing plant in northwestern Alberta until the results of a
provincial royalty review are in and spend its money in Texas
instead. (http://bit.ly/1QzX5ZN)

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