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PRESS DIGEST- Canada- Jan 29

Published 2016-01-29, 06:02 a/m
© Reuters.  PRESS DIGEST- Canada- Jan 29
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Jan 29 (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
** The average weekly pay in Alberta fell 2.4 percent to
C$1,130 in the year ended November, according to Statistics
Canada's survey of employment, payrolls and hours released on
Thursday. Potash Corp of Saskatchewan POT.TO has slashed its
dividend for the first time in the company's history,
highlighting the tension between generous shareholder payouts
and dismal commodity prices across the resource sector. Chinese authorities have accused Kevin Garratt of
"accepting tasks" to gather intelligence on China for Canadian
spy services, China's central state-run Xinhua News Agency said
in a two paragraph update late on Thursday. POST
** The spike in financial market volatility around the world
will not leave Canada unscathed, said CIBC World
Markets CMWOR.UL , as it downgraded its outlook for the
country's economic growth this year. Canadian adoption rates of financial services products
developed by non-bank online firms, which operate under the
umbrella of fintech, could triple in a year, according to a
report on Thursday from Ernst and Young ERNY.UL . TransCanada Corp TRP.TO and Kinder Morgan Inc (N:KMI) KMI.N ,
the two companies proposing the Energy East and Trans Mountain
pipelines, were diplomatic in their responses to the new
approval rules announced on Wednesday, saying they had
"concerns" about the delays.

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