Canada
PM says growing expenses scandal a distraction
OTTAWA (Reuters) - Canadian Prime Minister Stephen Harper on Tuesday dismissed a mushrooming expenses scandal as a distraction, but also said he was "very upset" that members of his Conservative Party had apparently tapped the public purse for personal gain. Full Article
CP Rail says oil leaking after tankers derail in Saskatchewan
CALGARY, Alberta (Reuters) - Canadian Pacific Railway Ltd said five tankers containing oil derailed on Tuesday morning near Jansen, Saskatchewan, and one of the cars is leaking crude, the third spill for the company in two months. Full Article
Canada bank regulator says watching housing risk, pleased so far
TORONTO (Reuters) - Canada's top banking regulator said on Tuesday she is focused on the risk Canada's big banks face from low interest rates and real estate lending, but is happy that the housing market is moving into more balanced territory. Full Article

