PRESS DIGEST-Canada-April 2

Tue Apr 2, 2013 5:40am EDT
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April 2 (Reuters) - The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy.


* As clean-up crews scraped up the gooey Alberta heavy crude that fouled a small Arkansas town after a pipeline rupture, anti-Keystone XL groups said the spill underscores the dangers posed by the controversial project to get Canadian oil to refineries on the Texas coast. ()

* Ottawa's plan to clamp down on mortgage securitization will make it harder for smaller lenders to compete with big banks, increasing their costs - and potentially raising mortgage rates, players in the sector say.()

Reports in the business section:

* Price discounts on western Canada's heavy oil have narrowed dramatically, as producers move record amounts of crude by rail in order to sidestep pipeline bottlenecks and reach thirsty U.S. refineries. ()   Continued...