March 23, 2017 / 11:24 AM / in a year

PRESS DIGEST- Canada - March 23

March 23 (Reuters) - The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy.


** Finance Minister Bill Morneau has put off tax hikes on wealthier Canadians, delivering a budget Wednesday that promises new money for job training, child care and social housing but offers no plan to improve the country's debt outlook.

** The Asian Infrastructure Investment Bank has made Canada a prospective member, welcoming Ottawa into an institution that marks one of China's leading efforts to take a place of global leadership.

** Mounting troubles at U.S. parent Sears Holdings Corp raise questions about the fate of Sears Canada Inc , which has also suffered from declining financial results.


** Vancouver-based streaming company Silver Wheaton Corp is proposing a name change to Wheaton Precious Metals Corp as it seeks a brand that better reflects the increasingly large contribution gold is making to its bottom line.

** Trican Well Service Ltd said it would issue new shares to buy fracking competitor Canyon Services Group Inc for C$637 million ($478 million) Wednesday even though both companies have oilfield service equipment sitting idle.

** Restaurant chain Freshii Inc posted strong sales at locations open for more than a year in its first quarter as a public company as it pursues an aggressive global expansion plan. ($1 = 1.3320 Canadian dollars) (Compiled by Rama Venkat Raman in Bengaluru)

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