PRESS DIGEST- Canada - Nov 4
Nov 4 (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
** Acknowledging "security gaps" that could leave airliners vulnerable to a terrorist attack, the federal government is moving ahead with a new system that would allow shippers to screen cargo before it gets to the airport. Transport Canada says the system will bring air cargo screening up to the standards of key trading partners and result in a net benefit to Canadians of C$202 million ($177.6 million) over 10 years. (bit.ly/1oeYetW)
** Voters in three ridings in Newfoundland will be casting ballots this month after two byelections were called on Monday. Elections Newfoundland and Labrador says byelections will take place on Nov. 25 in Trinity-Bay de Verde and Humber East. Those two ridings became vacant after the resignations of former cabinet ministers Charlene Johnson and Tom Marshall. (bit.ly/1x2ZzVq)
** Bank of Nova Scotia, Canada's third-largest lender by assets, said it would take a charge of C$451 million as it cuts about 1,500 jobs, writes down its investment in Venezuela and loans sour in the Caribbean. (bit.ly/1tWcgS0)