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PRESS DIGEST-Canada-Oct 12

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Oct 12 (Reuters) - The following are the top stories fromselected Canadian newspapers. Reuters has not verified thesestories and does not vouch for their accuracy.

THE GLOBE AND MAIL

* The days of France's leaders leaning publicly towardCanadian unity appear to be gone. The country's new governmentsays its approach will be non-interference in Quebec's affairs,and gave no sign it will laud unity.

The former French president Nicolas Sarkozy had broken withtradition by taking sides in the Canadian national unity debate,suggesting that Quebec sovereigntists are an insular movementthat is sowing division. But the new government of FrançoisHollande appears to be reverting to the cagey neutrality of thepast.

* Canada's financial sector fought a losing battle to stopthe national banking regulator from restricting the amount thathomeowners can borrow on a home equity line of credit, documentsobtained by The Globe and Mail show.

Several members of the industry argued not only thatborrowers with good credit would be hurt by the new rules, butalso that the regulator's crackdown could prompt banks to issueriskier kinds of loans - such as unsecured lines of credit - tokeep their customers.

Reports in the business section:

* The Canadian Broadcasting Corp will lose millions ofdollars a year on its free music service for the foreseeablefuture, as the high cost of content surpasses the advertisingrevenue the service earns.

CBC Music was launched in February just as the broadcasterwas bracing for deep budget cuts that would lead to the loss of650 jobs and prompt the CBC to request permission to selladvertising on its Radio 2 service.

* Canada's western energy powerhouses are feeling the chillfrom sluggish natural gas markets.

Sales activity at British Columbia's auction for explorationrights nearly ground to a halt in September, while Alberta andSaskatchewan are being pinched as energy companies scale backtheir budgets for targeting new natural gas prospects.

NATIONAL POST

* Quebec's opposition is accusing the new Parti Québécoisgovernment of planning to turn the province's schools intopolitical assembly lines for churning out supporters.

It reacted angrily to news Thursday that the PQ willdecrease English instruction on its list of priorities andincrease teaching the history of Quebec's sovereignty movement.

* For six days last week, Calgary mom Jessica Stilwellstaged a quiet anti-housework strike in her home - the placedevolving into domestic chaos as she simply stopped picking upafter her three daughters, whom she jokingly called her"basement trolls" on the blog she kept of her progress called"Crazy Working Mom".

Now, Stilwell is getting international attention for hercheeky experiment, as a hero for doing what many parents dreamthey could and also reviled for not making her children do theirchores much earlier.

FINANCIAL POST

* Claude Mongeau, Canadian National Railway Cochief executive, reached out to his largest customers this weekin a letter attempting to enlist their help in the railroad'songoing fight to prevent new regulations on the industry. In it,he argues that while the new regulations are aimed at improvingservice, they may in fact do the opposite.

His message was met, however, with skepticism from shippers,who deemed it simply a last-ditch effort to stave off the newregulations Ottawa has promised in the coming months.

* CNOOC Ltd executives crafted their $15.1-billiontakeover bid for Nexen Inc to pass Canada's net benefittest for foreign acquisitions.

Yet no matter what they offered, the guidelines remainvaguely defined and open to broad interpretation. It makes thedeal subject to any number of biases and political motivations.

(Compiled by Bangalore Newsroom +91 80 4135 5800; within U.S.+1 646 223 8780)

Keywords: PRESS DIGEST CANADA/