Canada

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PM says growing expenses scandal a distraction Tuesday, 21 May 2013

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

 
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CP Rail says oil leaking after tankers derail in Saskatchewan Tuesday, 21 May 2013 

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  

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Canada bank regulator says watching housing risk, pleased so far Tuesday, 21 May 2013 

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