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PRESS DIGEST- Canada - June 21

Published 2016-06-21, 07:34 a/m
© Reuters.  PRESS DIGEST- Canada - June 21
BCE
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June 21 (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 federal court has dismissed an appeal by Bell Mobility,
a unit of BCE Inc BCE.TO , from a ruling of Canada's telecom
regulator on how the company charged customers for its mobile
television app.

Amid a chorus of concern about Canada's overheated
housing market, Moody's Investors Service says it believes the
country's biggest lenders can easily withstand a severe market
downturn, after the credit-rating agency simulated a U.S.-style
mortgage crisis.

Ottawa and most provincial finance ministers have reached
a breakthrough agreement to expand the Canada Pension Plan, with
all but Manitoba and Quebec signing on to the deal.

POST
There are "systemic vulnerabilities" in the Canadian
mortgage market that would be exposed if the country were hit by
a U.S.-style housing meltdown, according to a report from
Moody's Investors Service.

The Canadian entertainment and media sector can expect
slow growth and will lag behind the global economy for the next
five years, says a report Monday by PricewaterhouseCoopers.

Regardless of which political party wins the November
vote, Democrat Hillary Clinton or presumptive Republican
candidate Donald Trump have both taken protectionist positions
on trade - in particular, they have been critical of the North
American Free Trade Agreement (NAFTA), which is "generating
uncertainty for Canadians," a new report warns.

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