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PRESS DIGEST- Canada - May 12

Published 2016-05-12, 07:37 a/m
© Reuters.  PRESS DIGEST- Canada -  May 12

May 12 (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 is obliged to uphold its reputation for honoring
business deals and therefore must sell C$15 billion ($11.69
billion) of armored vehicles to Saudi Arabia, Justin Trudeau
said on Wednesday when asked about video footage that shows the
Saudis using similar machines against civilians in the Mideast
country. Frustration is mounting among some displaced Fort
McMurray residents who are becoming increasingly anxious to get
home after last week's wildfires but still have no idea when -
or how - that will take place. British Columbia Premier Christy Clark says the federal
government needs to step up efforts to track real estate
transactions because British Columbians want to be assured that
everyone is paying their fair share of taxes. POST
** Public Safety Canada is taking a lead role in global
talks to expand the country's efforts to address concerns over
illegal offshore tax schemes. One quarter of real estate advisers at one of Canada's
largest real estate companies, Royal LePage, say that 25 percent
of luxury properties in major markets are being purchased by
foreign buyers. = 1.28 Canadian dollars)

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