PRESS DIGEST - Canada - Nov 11

Wed Nov 11, 2009 7:16am EST
 
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Nov 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:

- Veteran investigative reporter Linden MacIntyre scored a surprise upset Tuesday night by winning the 2009 Scotiabank Giller Prize for excellence in Canadian literature.

MacIntyre's novel about corruption in the Catholic church, The Bishop's Man, beat four highly regarded literary titles to take the main prize.

BUSINESS:

- General Motors Co [GM.UL] faces as much as $8.5 billion in costs to restructure and revive its troubled Adam Opel GmbH unit, and the German government warned GM it will have to bear most of that burden itself.

NATIONAL POST:

- Montreal police dressed in riot gear faced demonstrators protesting the royal visit Tuesday of Prince Charles and Camilla, Duchess of Cornwall, arresting at least two people. TV images of the protest showed more protesters being carried away by officers.

FINANCIAL POST:

- Canada's lacklustre productivity -- masked in recent years by the commodity boom and then largely ignored through the financial crisis -- threatens to slow income growth and dampen living standards over the next decade, economists at Toronto-Dominion Bank warned in a report.

- Much like it began, the takeover battle for Cossette Inc (KOS.TO) appeared to end quietly Tuesday with the announcement that Canada's largest independent advertising and communications agency would be sold to a Connecticut investment firm, thwarting a hostile bid from a disenchanted founding partner.

 

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