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PRESS DIGEST-Canada - March 2

Published 2016-03-02, 07:57 a/m
© Reuters.  PRESS DIGEST-Canada - March 2
0883
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March 2 (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
** Canada's oil-battered economy in 2015 grew at less than
half the pace of 2014, Statistics Canada reported, as a return
to sluggish growth in the fourth quarter punctuated a
disappointing year.

Nexen Energy ULC NEUI.UL , the Calgary-based company
acquired by China's CNOOC Ltd 0883.HK more than three years
ago, says it has cut 120 jobs in Canada.

NATIONAL POST
** A former adviser at RBC Dominion Securities Inc and
Scotia Capital Inc is alleged to have "impersonated his clients"
at a firm he started after settling disciplinary actions in
connection with his work at the two major banks.

Existing home sales continue to stall in the oilpatch,
prompting a request from the Calgary Real Estate Board (CREB)
for sellers to compromise on pricing. CREB reported there were
1,127 units sold in the city in February, a 6.63 percent drop
from a year ago and 37 percent below the long-term average for
the month.

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