February 25, 2015 / 11:39 AM / 3 years ago

PRESS DIGEST-Canada-Feb 25

Feb 25 (Reuters) - The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy.


** As promised, U.S. President Barack Obama vetoed Keystone XL approval legislation Tuesday, escalating the confrontation with Congress over the controversial Canadian project to ship Alberta oil sands crude cross the United States to the Texas Gulf Coast. (bit.ly/1aisRcn)

** Canadian special-forces soldiers providing counterterrorism training in Niger have been forced to pack up from a border region and relocate to another part of the African country in order to stay out of the way of fighting between Boko Haram extremists and government troops. (bit.ly/1MQNoUm)

** An Alberta online bank is believed to be the first Canadian financial institution to deny service to Americans, citing the burden of complying with strict new U.S. tax rules. Canadian Direct Financial, a subsidiary of Edmonton-based Canadian Western Bank, is refusing to open new Internet accounts for U.S. citizens, even to those living in Canada. (bit.ly/1D8H5U9)

** Turquoise Hill Resources has reached a deal to sell its remaining stake in SouthGobi Resources Ltd, a coal mining business in Mongolia. It says a private Chinese company, Novel Sunrise Investments, has agreed to buy 48.7 million shares in SouthGobi for 35 cents per share in cash. (bit.ly/1LG5pDc)


** Canadian National Railway Co has agreed to pay into a union action fund as part of the 11th-hour deal reached with Unifor on Monday night - but not the same fund it had opposed on principle earlier in the negotiations. (bit.ly/1zewWCZ)

** The Florida health department has fined the head of an alternative health clinic for practicing medicine without a licence, citing his "unproven and possibly dangerous" treatment of two cancer-stricken Ontario girls. (bit.ly/17WRNUY)

** Tim Hortons is the newest corporate sponsor to help keep a batch of outdoor ice rinks open in Toronto after a private trash collector pulled its initial $100,000 offer in what the mayor called a "small hiccup". (bit.ly/18kvDgy) (Compiled by Rama Venkat Raman in Bengaluru)

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