PRESS DIGEST - Canada - Dec 1
Dec 1 (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 Liberals and NDP have reached a deal to bring down the federal Conservative government and form an unprecedented coalition to take its place that would last 30 months and include cabinet seats for both parties.
- India faces a deepening crisis both on its borders and in the heart of its own government in the wake of the audacious and brutal attacks in Mumbai that left at least 174 dead.
- Canada's universities are experiencing a hiring boom as a dozen campuses across the country scout for new leaders. The competition is intense and the stakes are high.
Report on Business Section:
- While many ordinary investors flee the stock market, Canadian pension funds are loading up on stocks to rebalance their portfolios and restore their diminished equity holdings, pension advisers report.
NATIONAL POST:
- Slain Montreal doctor Michael Moss's partner Elizabeth Russell was also killed in the terrorist attack in Mumbai, according to the department of foreign affairs in Ottawa.
Financial Post Section:
- The country's largest business group demanded Sunday that MPs stop "playing political games" and work together to immediately craft an economic strategy that includes a stimulus package aimed at dealing with the global financial crisis.
- The U.S. holiday shopping season got off to a stronger-than-expected start this weekend, but at the same time consumers are keeping a tighter grip on their purse strings.
- The Detroit Three will tomorrow submit proposals to the United States government designed to net billions in bridge loans until the beleaguered automakers can return to profitability.
