PRESS DIGEST- Canada- Feb 3

Wed Feb 3, 2016 5:47am EST
 
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Feb 3 (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

** Canadian pension plans took a major hit in January from the turmoil in global markets, suffering a drop in their funding solvency as bond yields fell and their investment portfolios posted losses, according to pension consulting firm Aon Hewitt. (bit.ly/1SFqRNm)

** China has reduced the sentence for Huseyin Celil, the Canadian man imprisoned for life on militant-related charges and for endangering state security. (bit.ly/1X2GgYU)

** Like oil producers around the world, Norway's national energy company Statoil has taken the axe to almost every part of its business. But Statoil is swimming against the tide in one important respect. It is among a handful of energy companies that has so far maintained its dividend, and it may be the only one that is actually considering raising the payout. (bit.ly/1Ssh5jw)

  Continued...