PRESS DIGEST - Canada - June 8
June 8 |
June 8 (Reuters) - The following are top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy.
THE GLOBE AND MAIL:
- EHealth Ontario's chief executive officer Sarah Kramer abruptly resigned on the weekend after only seven months at the helm and following a scandal over the agency's free-wheeling spending on consultants.
She left with $316,670 in severance pay - the equivalent of 10 months of her annual salary of $380,000 and less than the 15 months she was entitled to under her contract. - In a closely contested race that saw the highest voter turnout in memory, the pro-Western coalition that has governed Lebanon for the past four years declared victory over the Hezbollah-led opposition.
- David Alvarez, a 15-year-old classically trained ballet dancer from Montreal, won a Tony Award last night as the best actor in a musical for his role as the title character in "Billy Elliot The Musical", as the show took home 10 awards, including the evening's biggest honour, best musical.
Alvarez shared the honour with two other teenagers with whom he alternates performances, Trent Kowalik and Kiril Kulish.
Report on Business Section:
- The World Bank is fast running out of funds to lend to poor countries, presenting the richer nations that control the bank with a new demand for cash just as alarms are being sounded at home over the high cost of fighting the financial crisis.
- Demand for air travel could decline further despite signs of a more stable global economy, and prospects of a recovery this year look slim, industry executives said at a meeting of the world's airlines on Sunday.
Cargo demand may have stabilized, but a pick-up is unlikely until demand recovers in the United States, said the chief executive officer of Korean Air (003490.KS), the world's top air cargo carrier.
NATIONAL POST
- Centre-right parties retained control of the European Parliament in an election that ended on Sunday with a record low turnout but which spared most big national governments from embarrassing defeats.
- Despite the defeat of an attempt in Parliament to apply Quebec's French language charter to federal laws there is still a threat to the rights of minority groups across the country that wiil not go away, says a network of English-speaking organizations from across the country.
Financial Post section:
- A group of Indiana pension and construction funds have made a last-minute appeal to the U.S. Supreme Court to halt the sale of Chrysler LLC to Italy's Fiat SpA (FIA.MI).
- Clouds are gathering over Research In Motion Ltd's (RIM.TO) BlackBerry Storm and its other consumer-oriented handsets as the battle over next-generation smartphones heats up this summer.
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