The Second Coming of Peter Lougheed

    Alberta's former Premier returns to save the province from itself

    Interview Opportunities from the September Report on Business magazine.

    TORONTO, Aug. 26 /CNW/ - Alberta's former Premier, Peter Lougheed, the
man who started Alberta's Conservative dynasty and helped instigate
Canada-U.S. free trade, is back. But can he save a province whose economy is
doing too much, too quickly? Lougheed is hoping his past can help him change
the future. Report on Business reporter John Gray profiles the father of the
oil sands in the September issue of Report on Business magazine, available
Friday, August 29, 2008.

    Other highlights from this month's issue:

      -  Teachers' Bet - Report on Business contributing editor Derek DeCloet
         profiles Jim Leech, a takeover artist who has pulled off the largest
         buyout in Canadian history. After working for obscure technology
         companies for most of the '90s, Leech has re-emerged at 61 as the
         new CEO of the Ontario Teachers' Pension Plan. Now he's betting
         $35 billion on Bell.

      -  The TIFF Economy - The Toronto International Film Festival (TIFF)
         has become an entertainment heavyweight since its 1976 beginning.
         Attracting A-list celebrities and millions of dollars in revenue,
         the 10-day September festival has made its mark in the cinema
         industry. Report on Business magazine writer Jason Anderson breaks
         down where the estimated $115 million in revenue the festival
         generates gets spent.

      -  The Gate - Report on Business associate editor David Fielding docks
         at Port Metro Vancouver, the 5th busiest port in North America,
         handling $53 billion in goods each year, and discovers a gateway to
         some of the fastest-growing markets in the world.

    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.

For further information:

For further information: and to arrange an interview, please contact:
Teresa Pagnutti,, (416) 969-2721; Sheryl So,, (416) 969-2725

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