Nov 6 (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
** China has displaced Canada as the United States's largest
trading partner, a landmark shift that eliminates one of the
defining characteristics of the Canadian economy.
Due in part to the crash in oil prices and the reduced value
of Canada's energy exports south of the border, U.S.
year-to-date trade with China has edged past the total value of
U.S. trade with Canada for the first time.
** Ongoing cost-cutting at Bell Media Inc will
see the company slash about 270 jobs in Toronto and 110 more in
Montreal by the end of November.
The 380 proposed cuts are outlined by Bell Media's
vice-president of human resources, Anne McNamara, in a pair of
letters to the new Minister of Employment, Workforce Development
and Labour, MaryAnn Mihychuck.
** Home Capital Group Inc HCG.TO said it will take a total
of nearly two years for the company to comb through all the
mortgages generated by a group of nearly four dozen brokers who
were suspended because of allegations their files contained
falsified income documents.
NATIONAL POST
** The federal Conservatives have chosen former health
minister and Alberta MP Rona Ambrose as their interim
replacement for former leader Stephen Harper.
** Wireless provider Telus Corp T.TO is planning to reduce
its workforce by 1,500 positions as it boosts dividend payments
to shareholders.
The Vancouver-based company, which operates one of Canada's
biggest telecommunications networks, said on Thursday the
layoffs will save as much as C$125 million each year.
** Ikea Canada will double its store count over
the next 10 years, its president announced Thursday, a bold
testament to the retailer's continued faith in bricks-and-mortar
stores despite making sizable gains online.