PRESS DIGEST- Canada - June 2
June 2 (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
* Quebec Finance Minister Carlos Leitao will unveil on Wednesday what he calls a "transition budget" that will provide a foretaste of the nasty medicine the province needs to swallow to balance its books by 2015-16. (r.reuters.com/jyn79v)
* Thousands of commuters in the Greater Toronto Area can breathe a huge sigh of relief. A strike that threatened to shut down GO Transit bus service has been averted after a tentative contract agreement was reached between Metrolinx and Amalgamated Transit Union Local 1587. (r.reuters.com/myn79v)
Reports in the business section:
* Pay for Canada's top executives is on the rise as companies put years of economic downturn firmly behind them. Canadian chief executives saw their total compensation climb by 11 percent in 2013, which marks the fourth straight year of pay gains after a decrease and plateau in 2008 and 2009. (r.reuters.com/ryn79v) Continued...