PRESS DIGEST - Canada - Nov 24

Nov 24 (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:

- The A.J. Goddard, the first steamer ever to reach Dawson City, the hub of the famous gold rush, has been found in near perfect condition 108 years after it sank on Oct. 22, 1901.

BUSINESS:

- In Canada, where consumers account for 60 percent of economic activity, shoppers remain out in force as rising house prices and a more stable labour market bolster confidence.

NATIONAL POST:

- Ontario's Ministry of Revenue will cut as much as 50 percent of its employees when the province's new Harmonized Sales Tax takes effect on July 1, a move that may see many of those displaced workers snatched up by the federal government.

FINANCIAL POST:

- Manulife Financial Corp (MFC.TO) said it plans to acquire a 49 percent stake in a Chinese wealth-management company, broadening its exposure to the Asian market where it already has a big presence in traditional life insurance.

- Magna International Inc MGa.TO will supply major structural components for General Motor Co's [GM.UL] next generation of full-size pickup trucks and sport-utility vehicles, securing the renewal of a key contract from its largest customer. ((Compiled by Bangalore Equities Newsdesk +91 80 4135 5800; within U.S. +1 646 223 8780))