PRESS DIGEST- Canada- Jan 16
Jan 16 (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
** Federal Finance Minister Joe Oliver says Canadians are already taxed too much and his government is looking at ways to lower taxes, rather than raise them. (bit.ly/1y4QbTj)
** Target Corp's surprise decision to shutter all of its Canadian stores and file for creditor protection will leave a massive footprint of vacant space in shopping centres across the country, and industry officials say there is no obvious suitor set to fill the void. (bit.ly/1wfQndh)
** The financial woes of a struggling Japanese electronics giant will begin to ripple across Canada in the coming weeks. Sony Corp said on Thursday it will close all 14 of its retail stores in Canada over the next two months as the company tries to turn around its slumping business amid high-profile data breaches and tough competition in the smartphone space. (bit.ly/1G6M1A4) Continued...