PRESS DIGEST- Canada - Dec 4

Thu Dec 4, 2014 7:30am EST
 
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Dec 4 (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

** Petronas has delayed making a final investment decision on plans to export liquefied natural gas from British Columbia, warning that estimated construction costs are too high. (bit.ly/1rUvvNj)

** Enbridge Inc, the Calgary-based pipeline company, is embarking on a C$17 billion ($15 billion) restructuring plan and jacking up its dividend as part of a sweeping reorganization aimed at boosting shareholder returns. (bit.ly/1I3nI4x)

** Royal Bank of Canada believes it is diversified enough to keep growing its bottom line by 7 percent annually despite industry headwinds, such as persistently low interest rates. The bank's profit climbed 8 percent in the past fiscal year. (bit.ly/1rZjsbU)

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