🎁 💸 Warren Buffett's Top Picks Are Up +49.1%. Copy Them to Your Watchlist – For FreeCopy Portfolio

PRESS DIGEST- Canada - Jan 5

Published 2017-01-05, 07:03 a/m
© Reuters.  PRESS DIGEST- Canada - Jan 5
C
-
NA
-
SU
-
RY
-

Jan 5 (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

** Richmond, British Columbia is pressing ahead with regulations to crack down on short-term rentals amid complaints that services such as Airbnb are disrupting neighbours and taking away housing in a tight rental market.

** Greater Vancouver's housing market exited 2016 in a slump but still managed to finish with the third-highest sales year on record. Residential sales totalled 1,714 last month, down 39.4 percent from December 2015, the Real Estate Board of Greater Vancouver said on Wednesday.

** Kevin O'Leary says attacks on him by Conservative leadership candidates are bringing badly needed excitement to the race, after Tory hopeful Lisa Raitt launched a website to stop the reality-TV star from entering the contest.

NATIONAL POST

** Canada and the United States have highly integrated oil and gas markets, but their governments will pursue opposite energy policies starting this year: Canada is taxing and restricting oil and gas activity and infrastructure to meet international climate change commitments, while the U.S. under Donald Trump will be liberalizing it and pushing its energy renaissance to the next level.

Limited housing supply in the key Canadian markets of Vancouver and Toronto will help maintain national house price inflation this year, even as recent government and regulatory curbs kick in to slow the growth rate, according to Oxford Economics.

Rather than one of the country's biggest banks with a vast international presence like Royal Bank of Canada RY.TO , or a leading playing in the oil and gas market like Suncor Energy Inc SU.TO , instead National Bank of Canada NA.TO stood out for analysts at Citigroup (NYSE:C) C.N .

The Canadian labour market may have topped expectations and steadily added jobs in 2016, but the vast majority were part-time positions and the "meagre" growth in full-time work was concentrated in industries susceptible to a slowdown, TD Economics says in a new report.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.