CA-CANADA Summary (Reuters)

Ontario heads for uncertain minority government

TORONTO (Reuters) ? Last-minute polls before Ontario's Thursday election point to a minority government in Canada's economic capital, and either of the two big parties could end up in power. A party needs at least 54 seats to win a majority in the provincial legislature, and two polls published on Tuesday offered slim chance of that.

TSX cuts losses from 23-month low

TORONTO (Reuters) - Toronto's main stock index hit a 23-month low on Tuesday but recovered most of the day's losses in volatile trade as bargain-hunting and signs of more U.S. stimulus measures helped offset fears over Europe's debt crisis. The Toronto Stock Exchange's S&P/TSX composite index unofficially ended down 73.93 points, or 0.66 percent, at 11,177.91, after falling more than 3 percent to its weakest level since November 2009 earlier in the session.

G20 not setting Greek emergency measures: Flaherty

OTTAWA (Reuters) - The Group of 20 nations is discussing Greece's ability to deal with its debt but is not preparing emergency measures in case the struggling nation defaults, Canadian Finance Minister Jim Flaherty said on Tuesday. Flaherty once again urged his European colleagues to take decisive action on the euro zone's debt problems, which continued to send global financial markets tumbling on Tuesday.

September auto sales fall, but Chrysler up

TORONTO (Reuters) - Canadian auto sales fell in September, extending a volatile year with Chrysler's strong performance the lone bright spot among the top manufacturers. Sales at the Canadian arms of Ford Motor Co, General Motors, Honda and Toyota all retreated in September from the levels of a year earlier, when the market was struggling to rebound from the 2009 recession.

Cancer kills Nobel physician before he hears of prize

STOCKHOLM (Reuters) - A scientist who won the Nobel prize for medicine Monday used his own discoveries to treat himself for cancer, but died of the disease just days before he could be told of the award. Calling it "bittersweet" news, colleagues of Canadian-born Ralph Steinman at New York's Rockefeller University said he had prolonged his own life with a new therapy based on his prize-winning research into the body's immune system.

Canada may miss modest new climate targets: watchdog

OTTAWA (Reuters) - Canada is spending billions of dollars on poorly planned climate change programs and could miss its modest 2020 target for greenhouse gas emission cuts, Parliament's environmental watchdog said on Tuesday. Scott Vaughan's critical report is the latest attack on the record of the Conservative government, which critics say cares little for the environment and is far too close to the influential energy industry.

Canada says Greek crisis worse, sees reordered debt

WHITBY, Ontario (Reuters) - The Greek debt crisis is getting worse rather than better, Canadian Finance Minister Jim Flaherty said on Monday as he urged European leaders to take clear and decisive action to avoid a banking meltdown. He also said he did not see a resolution without Greece's debt being "reordered".

Canada wants BoC's Carney to be next FSB head

WHITBY, Ontario (Reuters) - Canada wants its central bank governor, Mark Carney, to become head of the Financial Stability Board, the country's finance minister said on Monday days after a highly publicized clash between Carney and one of the world's most powerful bankers. "I would hope that that would happen," Finance Minister Jim Flaherty told reporters when asked if Carney would replace Italy's Mario Draghi as chairman of the FSB, a body comprised of global financial regulators.

Analysis: Canada farmers brace for life after wheat monopoly

WINNIPEG, Manitoba (Reuters) - The Canadian Wheat Board's marketing monopoly infuriated Darren Winczura so much that in 2002, he defied Canadian law by carrying a bag of wheat across the U.S. border. Winczura, who was charged along with about a dozen other farmers in the No.3 wheat exporter, spent a night in a southern Alberta jail and paid a C$900 fine.

Rogers to offer companies alternative to BlackBerry

TORONTO (Reuters) - Canada's Rogers Communications is teaming with a mobile device management company to enable corporate customers to use Apple and Google Android devices to send secure business email. In a blow to Research In Motion's BlackBerry, Canada's largest wireless company said on Tuesday it is partnering with Montreal-based Trellia to give more options to businesses that once relied exclusively on Blackberry's security features to protect employee email.

Source: http://us.rd.yahoo.com/dailynews/rss/stocks/*http%3A//news.yahoo.com/s/nm/20111004/wl_canada_nm/canada_summary

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