PRESS DIGEST- Canada - Nov 8

Fri Nov 8, 2013 5:10am EST
 
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Nov 8 (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

* Canadian investors are lining up to provide 80 percent of the $1 billion in new financing for BlackBerry Ltd with Brookfield Asset Management Inc and a unit of Power Financial Corp headlining the list of institutions joining Fairfax Financial Holdings Ltd in its bet that the smartphone maker will succeed. ()

* Federal New Democrats provoked a debate about Keystone XL pipeline on Thursday in the Commons with a motion that opposes the controversial project on the grounds that it will send oil-industry processing jobs to the United States and therefore "is not in Canada's best interests." ()

Reports in the business section:

* The introduction of new two-year cellphone contracts slowed subscriber growth for some of Canada's biggest carriers during the back-to-school season, a sign that consumers are spurning those higher-priced plans even before they become the industry standard in December. ()   Continued...