REFILE-PRESS DIGEST – Canada – Jan 12 | Reuters

Jan 12 (Reuters) – The following are top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy.

THE GLOBE AND MAIL:

– Transport Canada has put all airlines and carriers on high alert, warning them to exercise “increased vigilance.” The message came late Saturday after Canada received credible intelligence of a potential terrorist threat.

– The Conservative government is warning that Canada’s economic recovery is in a fragile state as a spiking dollar combines with protectionist U.S. polices to create a flat-lining job market.

– Prime Minister Stephen Harper will announce $13-million in federal funding for an environmental project in Quebec after being the target of vocal criticism by Premier Jean Charest during last month’s international conference on climate change in Copenhagen.

– Ontario Premier Dalton McGuinty is poised to lose another senior member of his cabinet, with the widely expected announcement today that Jim Watson will make the jump to municipal politics.

BUSINESS SECTION:

– Tapping into populist outrage over the financial crisis and Wall Street bonuses, the White House is selling a controversial plan to slap a fee on banks to ensure they shoulder the full cost of massive financial bailouts and help tackle record U.S. deficits.

– Tax collectors and the Bank of Nova Scotia (BNS.TO) are locking horns in federal court over access to the names of investors – including “six prominent Canadian business families” – behind a $1.1-billion offshore investment fund.

FINANCIAL POST:

– The Bank of Canada Monday dismissed talk of a housing bubble in Canada as “premature,” warning that calls for higher interest rates now in an effort to temper real-estate markets would be akin to “dousing” the economic recovery with cold water. ((Compiled by Bangalore Equities Newsdesk +91 80 4135 5800; within U.S. +1 646 223 878

Access to latest Real Estate market news: TorontoRealEstateAccess.com/blog

Facebook Fanpage: facebook.com/TorontoRealEstateNews

Twitter: twitter.com/TOMarketNews

Advertisements

About Tariq Sultan
Dear Readers, I am a dedicated Toronto, Ontario based real estate professional who has been successfully meeting and exceeding the needs of his clients for past several years. I am actively involved in the insurance, financing, and mortgage industry. Real estate is not only my career – it is my passion. I strive to continuously provide my clients with exceptional service to ensure they are fully satisfied when it comes to their real estate needs. For any real estate related inquires contact me today, I will be happy to assist you. Best wishes, Tariq Sultan

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: