PRESS DIGEST-Canada-Nov 20

Tue Nov 20, 2012 4:53am EST
 
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Nov 20 (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

* Three of Canada's largest provinces are leading a revived effort to create a single agency to oversee the country's securities markets, an initiative that comes nearly one year after the Supreme Court's rejection of a national regulator.

Ontario has long been the closest provincial ally of the federal government in its fight to reform the country's patchwork system of securities regulation. But British Columbia and Alberta are also expressing a new openness to replacing Canada's 13 provincial and territorial regulators with a single entity that would police the buying and selling of securities. ()

* The pressure is on Ontario's Education Minister to avert further labour strife and approve five tentative deals that secondary school teachers say are within the stringent financial parameters dictated by the province.

The agreements, which Laurel Broten insisted must be "substantively identical" to terms agreed with the English Catholic teachers' union in July, came this weekend after school boards asked the Minister to define the phrase. ()

  Continued...