PRESS DIGEST-Canada-Aug 12
Aug 12 (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 Senate expenses scandal could bring a fresh round of bad news for the Canadian government this week, with Tuesday's release of an independent audit into expenses claimed by Senator Pamela Wallin. Wallin has repaid at least C$38,000 ($36,900) since the audit by Deloitte began, and sources told The Globe in June she could be asked to repay an additional C$20,000 for excessive travel claims. ()
* A combination of new dairy technology and the inherently rich incentives to get around Canadian tariffs of 200 to 300 percent have spawned an explosion of protein imports. Major Canadian dairy farmers and processors, who have long fought imports, have started adding foreign milk ingredients to their products instead of domestic milk, underscoring the increasingly difficult task of shielding home markets in a globalized industry. ()
Reports in the business section:
* Housing starts, sales and prices are once again defying expectations, one year after Finance Minister Jim Flaherty shocked the market with tighter mortgage insurance rules. The sector is showing such strength this summer that some economists are wondering whether Flaherty will go further in a bid to stem rising house prices and consumer debt levels. () Continued...