PRESS DIGEST- Canada - July 7

Thu Jul 7, 2016 7:01am EDT
 
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July 7 (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

** Jason Kenney did not step down as a member of Parliament when he officially launched his bid to lead Alberta's Progressive Conservatives - a decision fiscal hawks say is an inappropriate use of taxpayers' money. (bit.ly/29yEQHX)

** Seven Generations Energy Ltd is taking advantage of the industry downturn to buy assets from Paramount Resources Ltd for C$1.9 billion ($1.47 billion), vastly increasing its land holdings in the prolific Montney natural gas region of Alberta. (bit.ly/29yFyoc)

** As part of a flurry of moves designed to reverse its sliding share price, Dominion Diamond Corp is getting out of Toronto real estate and going ahead with a key expansion to its Ekati mine in the Northwest Territories. (bit.ly/29yEsJt)

  Continued...