PRESS DIGEST - Canada - June 11
June 11 (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 top U.S. executive in the biometrics industry says Canadians need to be vigilant as Ottawa embraces fingerprint and face recognition technology at its borders and in Canadian passports.
- Tearful and her voice breaking, a woman claiming to be Canadian freelance journalist Amanda Lindhout said she will die in captivity if the Canadian government does not pay the ransom her captors are demanding in exchange for her freedom.
- The Canadian government condemned Sri Lanka yesterday for expelling Liberal MP Bob Rae on the pretext that he was a security risk, calling the move "unacceptable."
Report on Business Section:
- Ottawa is stitching together a C$1 billion lifeline for the forest industry designed to rescue pulp producers from the devastating effect of billions of dollars in subsidies from Washington to their U.S. rivals.
- Nortel Networks Corp NT.TO has rejected an invitation from the House of Commons finance committee to answer questions in Ottawa about why it has reduced pension payments and withheld severance at the same time it hands out bonuses to employees.
- The Obama administration is moving to rein in bloated executive pay, which it says pushed many companies to engage in risky behaviour that nearly toppled the global financial system.
NATIONAL POST
- The Ontario Privacy Commissioner has announced a formal investigation into the use of confidential police databases by Crown attorneys in the province to probe the backgrounds of potential jurors in criminal trials.
- Changing the New Democratic Party's name to the Democratic Party of Canada could be a brilliant move, according to a branding expert.
Financial Post section:
- The chief executive of Royal Bank of Canada (RY.TO), Gordon Nixon, said the chartered banks are ready to step in where the shadow banking system has withdrawn. - Air Canada (ACa.TO) and WestJet Airlines Ltd (WJA.TO), which have been drastically cutting fares to entice passengers, now are turning their attention to enlisting the help of travel agencies across the country in their fight.
