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PRESS DIGEST- Canada-April 8

Published 2016-04-08, 07:20 a/m
© Reuters.  PRESS DIGEST- Canada-April 8
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April 8 (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
** Ottawa and Quebec face a possible new hurdle in their
efforts to help Bombardier Inc BBDb.TO and its troubled C
Series aircraft - the U.S. government. The Obama administration
has put the federal and provincial governments on notice that it
considers the planned bailout of the Montreal-based company a
worrisome barrier to trade, according to an annual compendium of
dubious foreign practices by U.S. Trade Representative Michael
Froman. Alberta can no longer fuel the growth of Canada's economy
without the federal government's help building a new pipeline,
Premier Rachel Notley warned in a televised address on Thursday.
POST
** Postmedia Network Canada Corp PNCa.TO has formed a
special committee of independent directors to help "explore and
review alternatives" aimed at improving its capital structure
and liquidity as steep debt repayments weigh on the media
company despite significant cost-cutting. Canadian Pacific Railway Ltd CP.TO has attracted a
powerful opponent to its proposed takeover of Norfolk Southern (NYSE:NSC)
Corp NSC.N - the U.S. Army. In a letter to the U.S. Surface
Transportation Board, which must give its approval before any
merger can go ahead, the army argues the proposed takeover
raises national security concerns since both railroads own
"hundreds of miles" of strategic rail lines and serve major
military installations.

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