April 7 (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
** The head of Canadian Imperial Bank of Commerce CM.TO made his case to shareholders Thursday for the proposed $4.9 billion purchase of Chicago-based PrivateBancorp Inc PVTB.O , a week after hiking the offer price by 20 percent. https://tgam.ca/2og70N2
** The CEO of Royal Bank of Canada RY.TO is urging all three levels of government to work together to solve the challenge of the Toronto area's sky-rocketing house prices, one day after federal Finance Minister Bill Morneau called a special meeting with city leaders to discuss the problem. https://tgam.ca/2og2T3z
NATIONAL POST
** Canada's banking regulator is prepared to move ahead with new rules to ensure the country's bank's have sufficient capital buffers for bad times - even if the mired international efforts of the Basel Committee remain stalled indefinitely. Alberta and Saskatchewan are fighting over the shrinking number of energy head offices, but Crescent Point Energy Corp CPG.TO CEO Scott Saxberg thinks they should be more concerned about Canadian spending - and even head offices - migrating to the United States.