PRESS DIGEST – Canada – Feb 12 | Top stories from selected Canadian newspapers

PRESS DIGEST – Canada – Feb 12

Fri Feb 12, 2010 6:56am EST

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

Stocks  |  Global Markets

THE GLOBE AND MAIL:

– Canada is publicly prodding China to use its influence to rein in Iran’s nuclear-weapon ambitions as worried nations ready tougher sanctions over Tehran’s uranium advances.

– Anti-doping officials are promising the toughest drug testing yet during the Vancouver Olympics, and they say more than 30 athletes have already been caught in the months leading up to the Games.

BUSINESS SECTION:

– From Davos to Iqaluit, Canada’s strong banking record during the global economic storm is used by the Harper government at international summits to squeeze maximum political capital at home.

Now, the Conservatives are using a senior banker’s salary and statements in favor of tax hikes to portray Liberal Leader Michael Ignatieff as a captive of Bay Street who is out of touch with working-class Canadians.

– Less than three months after striking out on its own, Cenovus Energy Inc (CVE.TO) is taking an aggressive new stance on oil sands development, moving up its timeline for a major push by as much as a year.

With its new-found freedom to direct capital spending now that it is independent from EnCana Corp (ECA.TO), Cenovus said it’s also redoubling efforts to develop promising projects.

FINANCIAL POST:

– The Competition Bureau’s attempt to break up what it calls “anti-competitive” practices of the Canadian Real Estate Association could heat up the housing market even more because it will lead to lower commissions, says a Bay St. economist.

Posted via web from Toronto Real Estate News | Blog

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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

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