Jim Flaherty vs. Bay Street: the Standoff

    TORONTO, Aug. 30 /CNW/ - Almost a year after Finance Minister Jim
Flaherty's momentous announcement on Halloween night 2006, Bay Street is still
reeling from the impact the death sentence for income trusts had on Canadian
business. How could one of the most hardline Conservative politicians and
Harper's "hatchet man" turn against the epicentre of the Canadian economy and
those who lent him steadfast support during the previous election campaign? In
the new edition of Report on Business magazine, award-winning business
columnist Derek DeCloet takes a hard look at what drives the "most criticized
Finance Minister" and his conflicted relationship with Canada's business

    Also in the September issue:

    The greatest Canadian Company on Earth - From hippies on stilts to global
champion: Cirque du Soleil is arguably Canada's most recognized global brand.
Among Montreal business-school graduates, a job at Cirque is more coveted than
one at any other big-name employer, including Bombardier, Alcan or BCE. Report
on Business contributor Konrad Yakabuski peeks under the curtain at the most
spectacular show in town - it could be the only perfect business in the

    Spinning Atoms - Like it or not, our future is nuclear: the freshly
repackaged nuclear energy sector has deftly wrapped itself in the mantle of
green power and is poised for explosive growth. Report on Business contributor
John Lorinc peels away the layers of PR story-telling behind the "feel-good
story of the year" - nuclear power.

    The September issue of Report on Business magazine is available in
tomorrow's Globe and Mail. This month also marks the launch of a reinvented
front section of the magazine, introducing new features and ideas that will
appeal to readers on the go.
    "September is a natural time for transition and a refreshed focus on
smart, informative and fun content," says Gary Salewicz, Editor-in-Chief.
"Understanding that people are more time-pressed than ever, we've given
readers bite-sized stories in the front section so they can dip in and out of
the magazine as time permits."

    Report on Business magazine is Canada's most-read business publication.
Published monthly in The Globe and Mail, Report on Business magazine offers
readers insightful, award-winning coverage of Canadian and global business and
economics. The Globe and Mail is a division of CTVglobemedia, a dynamic
multimedia company that also owns CTV, Canada's leading private broadcaster.

    Interview opportunities available.

For further information:

For further information: Niya Nikitova, (416) 969-2654 or

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