PRESS DIGEST- Canada - June 22

Wed Jun 22, 2016 7:06am EDT
 
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June 22 (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 Trudeau government will not make public the text of a "Joint Action Plan" it recently hammered out with six Arab Gulf states, including Saudi Arabia, that spells out how Canada might deepen its relationship with these countries in coming years. (bit.ly/28LQyKU)

** Encana Corp has agreed to sell oil and natural gas assets to Birchcliff Energy Ltd for C$625 million in the latest sign that a freeze on deal flow in the oil patch is thawing. (bit.ly/28LQH1h)

NATIONAL POST

** The dramatic decline in freight volumes is taking its toll on Canadian Pacific Railway Ltd, which took the unusual step Tuesday of warning that its second-quarter results will come in significantly below expectations. (bit.ly/28LQGu2)   Continued...