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PRESS DIGEST- Canada - Jan 12

Published 2017-01-12, 06:52 a/m
© Reuters.  PRESS DIGEST- Canada - Jan 12
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Jan 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

** British Columbia Premier Christy Clark says her government has reached a financial deal with Kinder Morgan (NYSE:KMI) KMI.N worth as much as C$1 billion ($766.69 million) over the next two decades, satisfying her demands that British Columbia gets a fair share of the economic benefits from the expansion of the Trans Mountain pipeline.

** The Calgary Real Estate Board predicted home sales in the city would rise by 3 per cent this year to 18,335, but would remain slightly below 2015 levels and well below the more than 25,000 resale homes that changed hands in 2014. Benchmark resale prices, which fell 3.84 per cent last year, should begin to level off with just 0.3 per cent growth this year, the board said.

** Trump International Hotel & Tower Toronto is looking for a new owner, with creditors hoping that strong investor interest in Canadian hospitality properties can rescue a development that proved to be a money pit for its original backers.

NATIONAL POST

** Shaw Communications Inc SJRb.TO has launched a long-awaited, majorly upgraded television product that it expects will take on internet-protocol TV offerings from its main competitor.

Amazon Canada AMZN.O has been slapped with a C$1 million ($766,694.78) fine by the country's Competition Bureau over misleading price claims. McDonald's (NYSE:MCD) MCD.N is making its popular all-day breakfast a step closer to reality in Canada. The company now offers its signature Egg McMuffins, wraps, hash browns and other breakfast dishes at a handful of Canadian restaurants on a test market basis, a spokesman confirmed Wednesday. ($1 = 1.3043 Canadian dollars)

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