PRESS DIGEST - Canada - July 10
July 10 (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: - A small passenger plane on final approach to Vancouver International Airport nosedived into the ground and burst into a fireball Thursday night, killing both people aboard.
- The world's richest economies, led by U.S. President Barack Obama, have pledged to help emerging countries meet the costs associated with reducing their industrial carbon emissions.
- The body of Consuelo (Connie) Valencia-Russo, 44, who had a child with a Toronto city councillor, was found in the parking lot of an apartment building where she lived a decade ago.
Report on Business Section:
- Canadians are creating their own work and finding part-time jobs in ever growing numbers in response to a recession that is still taking a toll on full-time employment.
- The first results from Exxon Mobil Corp's (XOM.N) exploration of the large Horn River natural gas field in British Columbia suggest there could be even more gas in the area than previously predicted.
NATIONAL POST
- The federal government said on Thursday it will spend C$13 million to support a worldwide scientific effort to stop a destructive fungus that threatens to wipe out 80 percent of the world's wheat crop.
- Mediation in Honduras's political crisis got off to a rocky start in Costa Rica on Thursday, as the Honduran provisional leader refused to meet face-to-face with ousted President Manuel Zelaya, and Zelaya called his rival a "criminal" and a "thug."
Financial Post section
- Canada's economy lost 7,400 jobs in June, Statistics Canada said. While this was far less than expected, the unemployment rate rose to an 11-year high of 8.6 percent.
- Canada's Finance Minister Jim Flaherty said Thursday that projections from Parliament's budget watchdog of a five-year cumulative deficit totalling nearly C$160 billion are too "pessimistic" in light of upgraded global economic forecasts from organizations such as the International Monetary Fund.
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