Oct 22 (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 Alberta government, which campaigned on balancing the
provincial budget by 2018-19, now says it will miss its target
by a year. On Wednesday, Finance Minister Joe Ceci blamed
slumping oil prices and previous Progressive Conservative
governments in Alberta for the decision to break a major
election promise.
** A new premium online fresh-food business is quietly
emerging from the unlikely location of a mall parking lot.
Penguin Fresh, which bills itself as selling farm-fresh food, is
run not by a retailer, but by mall developer Mitchell Goldhar,
founder of SmartCentres and chairman of Smart Real Estate
Investment Trust, which acquired SmartCentres this year.
** The Ontario government secretly paid $1 million to the
Catholic teachers' union and $500,000 to the French teachers'
union to buy labor peace. This means three unions have now
received payments totaling $2.5 million from the government in
this year's round of bargaining.
NATIONAL POST
** Valeant Pharmaceuticals International Inc (N:VRX) VRX.TO has
been a hedge fund darling in recent years, a hot stock that has
won over some of the most high-profile players, including Bill
Ackman's Pershing Square Capital Management IPO-PERS.L and
John Paulson's Paulson and Co.
** Bombardier Inc BBDb.TO could be banned from bidding on
future Toronto Transit Commission contracts as early as next
week, when an exasperated Toronto Transit Commission board will
decide how to punish the company for its streetcar production
delays.
** When prosecutor Milan Rupic said earlier this week of the
Toronto Police shooting of Sammy Yatim that "virtually every
event of consequence was recorded on video", he wasn't kidding.
On Wednesday at the trial of James Forcillo, who is pleading not
guilty to second-degree murder and attempted murder in Yatim's
July 27, 2013 death on a downtown streetcar, jurors got their
first look at some of it.