PRESS DIGEST-Canada - Aug 13
Aug 13 (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
** Moody's Investors Service downgraded Barrick Gold Corp's credit to the lowest investment grade rating, a blow to the company that is on track to reduce its debt by $3 billion this year. (bit.ly/1KiUuMQ)
** The City of Vancouver has fired another salvo in its long-running dispute with Canadian Pacific Railway Ltd, applying for an order that would force the company to put its Arbutus corridor up for sale at a reduced price. (bit.ly/1gCXgF1)
** Transporting oil and gas by rail is more dangerous than moving it by pipeline, a new study has found. Oil shipments by rail are four-and-a-half times more likely to have a spill or incident than those pumped through a pipeline, says a report from the Fraser Institute, which examined data from Canada's Transportation Safety Board and Transport Canada between 2003 and 2013. (bit.ly/1HIlraT) Continued...