PRESS DIGEST-Canada-Jan 14

Wed Jan 14, 2015 5:37am EST
 
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Jan 14 (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 Bank of Canada is acknowledging for the first time that the world may be facing a prolonged oil-price slump, casting a dark shadow over the country's economic prospects. (bit.ly/1xYQn6B)

** Ottawa will spend as much as C$100 million to safeguard Canadian government computers after a Chinese state-backed hacker broke into the National Research Council's system last summer. The 2015 budget is expected to help underwrite the bill for upgrading network security. (bit.ly/1KIKHD2)

** Insolvent fashion chain Mexx Canada is liquidating all of its 95 stores in the wake of overall mixed results among retailers during the holiday selling season and heightened competition. (bit.ly/1IvuKOC)

  Continued...