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PRESS DIGEST- Canada - Jan 26

Published 2016-01-26, 05:46 a/m
PRESS DIGEST- Canada - Jan 26
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Jan 26 (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
** WestJet Airlines WJA.TO will suspend some of its
regularly scheduled flights from Calgary and Edmonton to divert
more of its capacity to Central and Eastern Canada.

Canadian government plans to require a separate climate
test for proposed pipelines and a planned LNG export terminal,
which are now under regulatory review, to determine their impact
on Canada's greenhouse gas emissions, a move that could impose
new delays on billion dollar projects.

Postmedia Network Canada Corp announced an
unconventional deal with Mogo Finance Technology Inc , an
online provider of short-term loans that is looking to build a
customer base among young people who shy away from traditional
bank branches.

POST
** Vancouver is the third least affordable city in the world
for a home, and construction constraints are to blame for rising
home prices there and in other Canadian cities, according to
U.S. group Demographia.

Fitch Ratings affirmed the default ratings of Canada's
largest banks Monday, but changed its outlook on Royal Bank of
Canada's RY.TO to negative from stable.

Crude oil prices have fallen so low that oilsands
producers are now in danger of seeing negative prices for their
bitumen, according to a report Monday from FirstEnergy (N:FE) Capital
Corp.

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