RISING COSTS MAY PROMPT TEACHERS UNION TO SELL LEAFS STAKE

          The head of the Ontario Teachers Pension Plan "says it
     will be hard to justify the fund's ownership stake" in the
     Maple Leafs "if player salaries continue to rise," according
     to Paul Waldie of the Toronto GLOBE & MAIL.  Pension Fund
     President & CEO Claude Lamoureux, which owns 49% of the
     Leafs: "If salaries continue to escalate, we'll have to work
     hard to turn this into the sort of investment that our
     people would like."  Lamoureux said the fund "has no plans
     to sell its stake and that the return has been adequate so
     far.  But it has to continue to generate a decent return or
     it will be sold" (Toronto GLOBE & MAIL, 12/13).