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PRESS DIGEST-Canada- March 1

Published 2016-03-01, 06:48 a/m
© Reuters.  PRESS DIGEST-Canada- March 1
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March 1 (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 U.S Agriculture Department has given the Canadian
Food Inspection Agency until mid-March to fix significant food
safety and sanitation concerns found during an audit of Canada's
meat, poultry and egg inspection systems.

As Michael Pearson (L:PSON) resumed CEO duties at Valeant
Pharmaceuticals International Inc VRX.TO , his first day back
included a backfired attempt to selectively address some
analysts, a slew of negative research reports, a move by a
rating agency to potentially downgrade the company and news that
Valeant was under investigation by the U.S. Securities and
Exchange Commission.

NATIONAL POST
** Royal Bank of Canada's RY.TO affordability calculator
for the fourth quarter of 2015 found that households with median
income must now pay 109 percent of pre-tax earnings to buy just
an average home in the metro Vancouver area, leaving nothing for
food, clothing or other essentials.

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