PRESS DIGEST- Canada-July 29
July 29 (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 pipeline and power company TransCanada Corp says it aims to have its new, discounted tolling system to help natural gas producers in Western Canada compete with abundant U.S. shale gas in place in the fall of 2017. (bit.ly/2aD4sjS)
** Canada's largest oil sands producers suffered heavy losses in the second quarter, but say two years of deep cost cutting has put them in a position to consider expansion. (bit.ly/2amzQl0)
** The soaring price of gold has failed to ignite expansion frenzy at Canada's largest gold miners. Instead, the latest round of earnings reports show an industry intent on reducing debt and rebuilding confidence. Goldcorp Inc said on Thursday that it was installing a new accounting system, cutting staff at head and regional offices by a third and selling mines. (bit.ly/2aOYKee)