Feb 4 (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
** Lowe's Inc LOW.N got it right the second time. The U.S.
home improvement chain has won a C$3.2 billion ($2.34 billion)
deal to acquire Quebec based Rona Inc RON.TO by taking some
savvy steps to get key stakeholders in the province on board.
Quebec Economy Minister Dominique Anglade warned in an
interview that her government would intervene in future
takeovers of Quebec based companies if the offers are non
solicited.
TransCanada Corp TRP.TO said it has an agreement with
the Canadian arm of Zurich based ABB ABBN.VX for the
manufacture of at least 22 electrical stations in the Montreal
area. The deal is valued at "several million dollars".
NATIONAL POST
** The National Energy Board shouldn't make a decision on
the Trans Mountain pipeline expansion project "by a show of
hands", a lawyer for a group of Canada's largest oil companies
argued Wednesday.
Bank of America Merrill Lynch (N:BAC) BAC.N economist Emanuella
Enenajor says that, based on her calculations, the Canadian
government could spend as much as an additional C$15 billion
($10.95 billion) annually and still meet its goal of lowering
the debt to GDP ratio.
Colorado based Intrawest SNOW.N , which operates popular
North American ski properties including Mont Tremblant in Quebec
and Blue Mountain in Ontario, said season pass sales increased
six percent compared to the prior year. = 1.3704 Canadian dollars)