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PRESS DIGEST- Canada - July 23

Published 2015-07-23, 07:28 a/m
PRESS DIGEST- Canada - July 23

July 23 (Reuters) - The following are the top stories from
selected Canadian newspapers. Reuters has not verified these
stories and does not vouch for their accuracy.

THE GLOBE AND MAIL

** A 23-year legal saga is close to conclusion after
creditors voted this month to approve a settlement in
long-running Castor Holdings Ltd lawsuits, resolving negligence
claims that have languished in court for decades. (http://bit.ly/1RToWXq)

** Canada's telecom regulator has ruled that the country's
large Internet providers must open up access to their
latest-generation fibre-based services to independent players.
Smaller Internet service providers were pleased with Wednesday's
decision from the Canadian Radio-television and
Telecommunications Commission. (http://bit.ly/1RTpMmR)

** The New Democratic Party and the Conservatives are
running neck and neck for the support of Canadians in the
upcoming election, according to a new poll that suggests the New
Democrats have even more room for growth. (http://bit.ly/1TT8sMk)

NATIONAL POST

** A major oil pipeline leak detected last week in northern
Alberta started some time within a two-week period dating back
to late June, Nexen Energy said Wednesday. Ron Bailey, the
company's senior vice-president of Canadian operations, said
officials still don't know precisely when the pipeline ruptured.
(http://bit.ly/1TTacoR)

** The British Columbia legislature passed late Tuesday
evening the Liquefied Natural Gas Project Agreements Act,
removing one of two final conditions to the start-up of the
first LNG plant in the province. The bill means that the Pacific
NorthWest LNG project can now count on a 25-year fiscal deal
that protects it from targeted tax increases. (http://bit.ly/1TTasV2)

** The federal government will run a $1-billion deficit in
the current fiscal year - even if it uses all of its contingency
fund - says a new report from the parliamentary budget watchdog
that casts doubt on the Conservatives' promise to balance the
budget in 2015-2016. (http://bit.ly/1TTdiJv)

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