PRESS DIGEST- Canada-March 12

Published 2018-03-12, 07:14 a/m
© Reuters.  PRESS DIGEST- Canada-March 12
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March 12 (Reuters) - The following are the top stories from select Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy.

THE GLOBE AND MAIL

** Risks are building in Canadian credit markets, states a new report from The Bank for International Settlements which is raising early warning signs about the potential for stress in the country's banking system. https://tgam.ca/2FAPZCU

** Norwegian Air NWC.OL, the low-cost long-haul airline that has shaken up travel between Europe and the Americas, is planning to offer flights to Canada in July, part of a new push by European carriers to grab a share of the Canadian market. https://tgam.ca/2FAd3lw

** China's restrictions on foreign real estate purchases sharply slowed Chinese investment in Canadian offices, hotels and other large properties late last year – even before Beijing's dramatic seizure of Anbang Insurance Group Co Ltd ANBANG.UL, whose buying spree had driven up prices. https://tgam.ca/2p7vneF

NATIONAL POST

** Barely a month ago, businessman Doug Ford was planning to run for mayor of Toronto. But on Sunday, Ford began his first full day as chief of Ontario's Progressive Conservative party, having narrowly triumphed Saturday in a chaotic PC leadership race, municipal politics left far behind.

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