By Karen Johnson

Here are a few of the stories we’re reading early Tuesday.

New York hedge-fund manager Bill Ackman is selling up to 29% of his stake in Canadian Pacific Railway Ltd., a year after winning a high-profile proxy fight to install a new chief executive at the railroad.

Some politicians seem to be blessed with a non-stick coating that prevents scandal from attaching itself to them. Sooner or later, most find that the Teflon rubs off. For Stephen Harper, the Conservative prime minister of Canada, that moment may have arrived.

The military’s elite police force was called in to investigate how a CTV news reporter obtained embarrassing information involving the country’s top general and his spending of more than $1 million using government aircraft to jet to hockey games and to a Caribbean vacation spot.

Internal government audits of the Canadian Coast Guard’s capacity to monitor and respond to a marine oil spill found a system that was outdated, disorganized and in need of an overhaul.

To get a sense of how America will pack more people into its cities, head north to an alley that runs behind Petersham Avenue in Vancouver. That’s where Ajay Kumar built a $300,000, Moroccan-themed cottage that sits in his backyard and will soon be occupied by his parents.

What are the economics of concert tickets? Pascal Courty, an economist at the University of Victoria in Canada has spent the better part of 20 years studying the secondary-ticket market. Read More »