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PRESS DIGEST - Canada - Sept 17
September 17, 2010 / 10:36 AM / 7 years ago

PRESS DIGEST - Canada - Sept 17

Sept 17 (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:

- At one of the most stressful periods of their lives, separating couples are driven to the poorhouse by a family law system that fails to deliver workable solutions while their children are often hurt by a system that doesn’t take their opinions into account, a report by the Law Commission of Ontario says.

In one of the most in-depth looks at what ails family law in many years, the report indicts the system for draining parents’ bank accounts, ignoring expert advice in favor of simplistic solutions and leaving children out of the process.

- Once considered among the foremost advocates for two-tier health care in Canada, the Alberta government has released a report that calls for changes that could reshape the province’s health system into a more public model.

Health Minister Gene Zwozdesky said on Thursday, however, that a new Alberta Health Act the province is developing, and other controversial changes to the health-care system already implemented, include no move to privatize.

BUSINESS SECTION:

- Senior officials with chemical conglomerate Sinochem Group are pushing to drum up financial support for a Chinese-led bid for Potash Corp (POT.TO) that would trump a hostile offer from Australia’s BHP Billiton (BHP.AX).

Sinochem officials were in London this week testing British and international interest in financing or joining a consortium to compete with BHP’s $38.6 billion bid, according to people familiar with the matter.

- RIM RIM.TO RIMM.O, facing increasingly intense competition, is proving to be a stubborn fighter. Canada’s biggest technology firm posted record second-quarter profits on Thursday, beating analyst expectations at a time when many observers were increasingly pessimistic about RIM’s prospects of competing with tech giant rivals such as Apple Inc (AAPL.O) and Google Inc (GOOG.O).

FINANCIAL POST:

- When the parliamentary session resumes on Monday, Finance Minister Jim Flaherty will feel very much like the master in Oliver Twist, with political opponents, provinces and interest groups coming with their bowls and pleading, “Please sir, I want some more.”

The more, of course, being stimulus, which is set to run out on March 31 of next year. Calls for more government spending grow louder by the day on the fear of a slowing global economy and relatively high unemployment rate. If the Obama White House is contemplating more stimuli, NDP leader Jack Layton said Thursday, so should Ottawa.

- As U.S. home repossessions shoot to a record and poverty hits a 16-year high, a group of more than 300 economists and policy experts is joining forces to urge political leaders to keep the spending spigot open or, they warn, send the economy sputtering.

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