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PRESS DIGEST- Canada - July 13

Published 2016-07-13, 06:40 a/m
© Reuters.  PRESS DIGEST- Canada - July 13

July 13 (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
** Halifax-based Minas Energy announced on Tuesday that it
was partnering with Netherlands firm Tocardo International BV
and Ontario-based International Marine Energy Inc to form the
Minas Tidal Limited Partnership, to test the powerful tidal
currents in the Bay of Fundy, by late 2017. Low-income earners will receive little benefit from the
planned expansion of the Canada Pension Plan despite paying
higher premiums, unless governments provide more help to offset
a corresponding reduction in other government payments,
according to an analysis of the new model. In a report issued late on Tuesday ahead of a City
Council debate this week, staff urged politicians to increase
new spending on road safety by about 30 percent to about C$52
million ($39.9 million) over the next five years. POST
** Bell Canada sees no good reason to continue offering
payphone lines at a lower price than regular business lines as
it no longer views the service as essential in a society
dominated by mobile phones. Royal LePage, in a report out on Wednesday, says economic
uncertainty around the globe and low interest rates continue to
fuel the Canadian existing-home market, adding that prices will
rise by 12.4 percent in 2016 from 2015 to an average of
C$563,000 ($431,947). The Canada Revenue Agency's continuing campaign against
the underground economy has come to roost in small-town Canada,
where special audits have confirmed the pervasiveness of tax
evaders in the construction industry.
($1 = C$1.30)

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