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States that Toronto, Ontario-based newspapers are descending into British-style sex and sleaze. The need for increased circulation and subscription; The hostile takeover bid of Torstar Corp. for the Sun Media Corp.; View of Chris Dornan, director of the School of Journalism and Communication at Carleton University in Ottawa, on the viability of the Canadian Press wire service; Suggestion that Southam Inc.'s `National Post' is doing well on the newsstand; Mention of Conrad Black, majority owner of Southam Inc.

Examines the differences in tax burdens between the provinces of Alberta and Ontario. Alberta Premier Ralph Klein's five speeches on Alberta's tax advantages over Ontario; Headlines in Toronto papers and praise from Ontario executives and think tanks; Central Canada as a taxpayer's nightmare; Klein's meeting with Hugh Bolton, Coopers & Lybrand; Corporations which have opened head offices or corporate divisions in Alberta; Bill 79, Ontario's employment equity legislation.