Feb 26 (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
** Ontario has driven down its deficit to C$4.3 billion
($3.18 billion), but the fiscal good news hinges on economic
circumstances beyond the province's control, extra financial
help from the federal Liberal government and a one-time cash
injection from privatizing Hydro One Ltd H.TO . AltaGas Ltd ALA.TO has halted plans to export liquefied
natural gas (LNG) from British Columbia's north coast amid a
worldwide glut of the fuel. AltaGas and its partners in the
Douglas Channel LNG project fell short of their goal of signing
sufficient long-term contracts with Asian buyers to take
delivery of LNG in what the industry calls "off-take". Export Development Canada is designating C$750 million to
provide financial services, including loans and guarantees, to
small and medium-sized Canadian energy firms trying to weather
the oil price drop. POST
** Bombardier Inc's BBDb.TO biggest CSeries customer
Republic Airways Holdings Inc RJET.O has filed for bankruptcy
protection in New York, citing a nationwide pilot shortage that
has weighed on revenue. Catalyst Capital Group Inc, a minority shareholder of
Corus Entertainment Inc CJRb.TO , said Corus was paying up to
$858 million more than it should to acquire related company Shaw
Media Inc, and has proposed a set of new terms that it says it
would be willing to accept.
($1 = C$1.35)