PRESS DIGEST- Canada-March 23

Wed Mar 23, 2016 7:15am EDT
 
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March 23 (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 Liberal government has frozen the small business tax rate, despite an election promise to reduce it over the next three years. In the budget Tuesday, Finance Minister Bill Morneau indicated the tax rate on businesses earning less than C$500,000 ($382,263) a year will remain at 10.5 percent. (bit.ly/1WHDVlH)

** The federal Liberals say they will inject more than C$2.3-billion into a series of affordable-housing measures, including a new program to offer low-cost loans to developers to build as many as 10,000 rental units. (bit.ly/1q1Jcdi)

** The Canadian Broadcasting Corp will get a C$150-million boost to its bottom line after enduring years of deep cuts, as Tuesday's federal budget earmarked cash to help drive the public broadcaster's continuing shift to digital platforms. (bit.ly/1RkhwHn)

NATIONAL POST   Continued...