PRESS DIGEST-Canada-Jan 16

Wed Jan 16, 2013 5:00am EST
 
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Jan 16 (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 finance minister Jim Flaherty said he is happy that the rapid increase in the country's home prices is over. In fact, he would be pleased if the housing market softens further.

"I don't mind prices coming down a bit too," he said in an interview after the latest data showed that home sales fell sharply in December compared with a year earlier. ()

* Canadian international cooperation minister Julian Fantino's office is scrambling to explain why two strongly partisan attacks against opposition parties were posted on the federal government's website in recent days, a move the ruling Conservatives are blaming on Canadian International Development Agency (CIDA) bureaucrats. ()

Reports in the business section:   Continued...