PRESS DIGEST-Canada-Aug 9

Fri Aug 9, 2013 6:36am EDT
 
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Aug 9 (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

* The Quebec government says it can jump to the front of the line of the Montreal, Maine & Atlantic railway creditors seeking millions, to compensate the Lac-Megantic derailment victims and cover its cleanup bill. Quebec is counting on the environmental provisions of the federal Companies' Creditors Arrangement Act to get repaid by the Canadian subsidiary of MM&A, which listed C$48 million ($46.31 million) in liabilities but only C$18 million in assets in its bankruptcy filing. But legal experts aren't so sure if that recourse will be as far-reaching as the government suggested. ()

* A secluded beach on the northern tip of Vancouver Island has become the epicenter of a feud between a hippie-style counterculture movement and local residents concerned about protecting the environment. A Facebook event page, now deleted, showed more than 1,800 people were planning to attend the month-long "World Rainbow Gathering", where attendees would live off the land and pray for world peace. ()

Reports in the business section:

* Telus Corp Chief Executive Darren Entwistle launched his harshest attack yet on Ottawa's telecom policy, arguing that federal intervention in the wireless market has fueled such "consternation and confusion" that it is harming Canada's reputation as a good place for companies to invest. ()   Continued...