June 17, 2011 / 9:25 AM / 6 years ago

PRESS DIGEST - Canada- June 17

June 17(Reuters) - The following are top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy.

THE GLOBE AND MAIL:

Air Canada Inc ACa.TO ACb.TO has reached a tentative labour pact that ends a three-day strike and sends a contentious pension dispute to arbitration, putting a spotlight on the struggles of Canadian companies to rein in escalating retirement costs.

For the Conservative government, new legislation that will subject some refugee claimants to detention is about more than deterring human smuggling. It is also about persuading both Canadians and Americans that this country’s borders are secure.

Report on Business Section:

Research In Motion Ltd has embarked upon an unprecedented retreat, slashing its profit outlook and setting plans for job cuts as Canada’s most important technology company struggles through some of the greatest challenges in its history.

Ireland is adding another layer of stress to already rattled debt markets just as the Greek crisis reaches a near-breaking point, sending shock waves across Europe.

NATIONAL POST

People living on First Nations reserves will have the same human rights protection as other Canadians beginning this weekend, when they will come under the umbrella of the Canadian Human Rights Act for the first time.

Federal New Democrats will contemplate shedding the party’s socialist principles in favour of mainstream, less revolutionary ideals at their party convention in Vancouver this weekend.

Financial Post section

Of the roughly US$11-trillion in long-term bank debt outstanding globally, nearly half will come due between now and the end of 2014, according to Moody‘s.

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