PRESS DIGEST- Canada - Oct 23

Fri Oct 23, 2015 6:52am EDT
 
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Oct 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

** An "industry-wide state of depression" is weighing heavily on Canada's oilfield service sector as Precision Drilling Corp and Mullen Group Ltd kicked off earnings season this week. (bit.ly/1LK9FjB)

** A new study shows Canada's big family-controlled public companies have a better track record for investors than widely held corporations, and the study's authors say the findings prove that lingering investor bias against family firms should be buried once and for all. (bit.ly/1KtfQqp)

** Ontario's Liberal government did not ask to see receipts for the expenses of three teachers' unions before secretly paying them $2.5 million to cover their costs during contract talks. Education Minister Liz Sandals admitted on Thursday that there are no itemized accounts of exactly what taxpayers' money paid for. (bit.ly/1hZRFsM)

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