PRESS DIGEST- Canada-Oct 29
Oct 29 (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 oil patch is cutting ever deeper to cope with the longest crude-price rout in more than 15 years. Royal Dutch Shell Plc took the drastic step of halting its multibillion-dollar Carmon Creek oil sands development in Alberta after it had already started construction. The oil major blamed weak crude markets and insufficient pipeline capacity to export the eventual production. (bit.ly/1MVUALT)
** Spending by Chinese travelers to Canada is up sharply, as China closes in on second place among the country's largest sources of foreign tourists. The most recent report on debit and credit card spending in Canada, released by payment processor Moneris Solutions Corp, shows that Chinese visitors increased their use of credit cards by 30.2 percent in the third quarter of 2015 compared with the year-earlier period. (bit.ly/1MVUmnQ)
** Under heavy fire and facing a possible audit, Premier Kathleen Wynne has pulled an abrupt U-turn, telling a surprised legislature she will force teachers' unions to provide receipts before they receive multi-million dollar payments to cover negotiating expenses. Education Minister Liz Sandals previously insisted no receipts from the unions were necessary. (bit.ly/1RBx0Yh)
NATIONAL POST Continued...