Seven stories in the news today, Nov. 30:
RULING EXPECTED TODAY IN SUNCOR BID
The Alberta Securities Commission is set to rule today in the case of a hostile bid involving two of Canada’s big oilsands players. Suncor Energy has asked the regulator to overturn a plan struck by Canadian Oil Sands that gives COS shareholders until early February to consider Suncor’s $4.5-billion all-stock takeover offer. A ruling in Suncor’s favour would mean the offer would expire on Friday.
JUSTIN TRUDEAU AT PARIS CLIMATE SUMMIT
Justin Trudeau has arrived at the airfield outside Paris where world leaders are gathering for the start of two weeks of international climate negotiations. Leaders and heads of government from some 150 countries are taking part in the 21st United Nations “council of the parties” — or COP21. Each leader is to make a short address today. The prime minister also faces an exhausting round of bilateral meetings on the sidelines of the conference before flying back to Ottawa tonight.
EDMONTON WINS THE GREY CUP
It was a nailed biter in Winnipeg as the Edmonton Eskimos rallied to defeat the Ottawa Redblacks 26-20 in the 103rd Grey Gup game. Jordan Lynch’s one-yard TD run with 3:22 remaining sealed the victory for Edmonton, which ended a 10 year Grey Cup drought. Eskimos quarterback Mike Reilly earned MVP honours for the game.
ARCTIC FISHING BAN SUBJECT OF TALKS
Canada and other countries that ring the Arctic Ocean begin talks in Washington today to extend a ban on fishing in the waters. The Arctic nations reached a deal this year imposing a fishing moratorium on waters in the central Arctic Ocean until more is known about the waters at the top of the world. It’s hoped the Washington talks will expand that ban to other countries.
CBA WARNED ABOUT HOME MORTGAGE RISK
The Canadian Bankers Association warned the former Conservative government that a proposal to have banks shoulder more of the risk associated with home mortgage loans could hurt the country’s financial stability. The Harper government was looking at forcing banks to pay a deductible on mortgage insurance claims as a possible way to reduce taxpayer exposure to the housing market. It’s not known whether the new Liberal government will pursue this path.
It’s election day in Newfoundland and Labrador as voters decide whether the governing Tories should get another term in office. The Progressive Conservatives have been in power for 12 years but the province’s economy has been struggling due to slumping oil prices. And the opposition Liberals have chalked up a string of byelection wins over the past two years.
TURCOTTE TRIAL TO GET FINAL INSTRUCTIONS
Jurors deciding the fate of a former Quebec doctor accused of killing his two children will begin receiving their final instructions today. Quebec Superior Court Justice Andre Vincent will address the jurors in Guy Turcotte’s first-degree murder trial before they’re sequestered to begin their deliberations. Turcotte has pleaded not guilty to two counts of first-degree murder in the 2009 stabbing deaths of his young son and daughter.
Week in pictures: 7 days, 15 photos
Queen Elizabeth II Meets Canadian Prime Minister Justin Trudeau
Prime Minister of Canada Justin Trudeau shake hands with Queen Elizabeth II during a private audience at Buckingham Palace on Nov. 25, 2015 in London, England. (Yui Mok/Getty Images)