Reuters: Regulatory News: PRESS DIGEST - Canada - April 23

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PRESS DIGEST - Canada - April 23 Apr 23rd 2012, 09:54 April 23 | Mon Apr 23, 2012 5:54am EDT April 23 (Reuters) - The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy. THE GLOBE AND MAIL - Fiscal restraint is rippling through Canada's national statistical agency, prompting it to start slicing surveys and warn staff of cost cuts and impending layoffs in what it calls a "year of sacrifice" at the organization. - Federal officials are considering privatizing some of VIA Rail's longest and most scenic routes - including the quintessentially Canadian journey between B.C. and Ontario, and the Rocky Mountain run between Jasper and Vancouver. Reports in the business section: - Canada's insurance brokers have lodged a complaint with the country's banking regulator, alleging that two big banks are flouting Ottawa's rules by promoting insurance on their websites. - North America's largest garbage hauler, Waste Management Inc, is looking for Canadian partners to help create new technology that will convert waste to energy. NATIONAL POST - Quebec's gun-control advocates were buoyed Friday by a strongly worded Quebec Superior Court judgment that recognized the recently abolished long-gun registry as an effective and economical crime prevention tool, laying the groundwork for a long legal battle with Ottawa. Reports in the business section: - In late September 2004, just three days before Air Canada emerged from bankruptcy protection, the airline's then-chief executive Robert Milton made some bold proclamations about the company's future. - Junior miners have always brought with them a high risk-reward ratio. For every success there are easily a dozen failed firms that never see their projects go further than a few drill samples. Link this Share this Digg this Email Reprints

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