PRESS DIGEST-Canada-Sept 26

Mon Sep 26, 2016 7:56am EDT
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Sept 26 (Reuters) - The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy.


** General Motors of Canada Co has pledged to eliminate the $2.6 billion deficit in the pension plans for its unionized workers and retirees as part of a new contract negotiated between the company and Unifor.

** Ottawa is cracking down on a growing number of Canadians named in the Panama Papers, with the Canada Revenue Agency warning the 2,671 individuals or firms under review they should not expect a negotiated settlement.

** When Frank Pearl watches Colombian President Juan Manuel Santos and Rodrigo "Timochenko" Londono, the leader of the Revolutionary Armed Forces of Colombia (FARC), sign a peace agreement Monday in Cartagena, it will be the culmination of more than seven years of work to cultivate hope over the suspicion and anger sown from half a century of war.


** Canada's top financial regulator is beefing up capital requirements for mortgage insurers to make sure they are adequately accounting for the creditworthiness of borrowers and fast-rising real estate markets.

** National Bank of Canada has become the second Canadian borrower - but the first private sector entity - to be given approval to issue yuan-denominated bonds in China's Panda market. (Compiled by Rama Venkat Raman in Bengaluru)