January 11, 2017 / 12:00 PM / 2 years ago

PRESS DIGEST-Canada - Jan 11

Jan 11 (Reuters) - The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy.


** Canada's vast network of bank branches will shrink in 2017, with dozens of locations closing as institutions cut costs and invest billions in technology as more customers migrate online. tgam.ca/2iF5uOY

** The National Energy Board of Canada has officially appointed three new members to a panel that will restart the stalled review of the proposed Energy East pipeline. The new three-member panel will be headed by Don Ferguson, a former senior civil servant in New Brunswick. tgam.ca/2jzkP7P


** An eventual increase in Canadian interest rates is not expected to lead to a spike in mortgage book losses for Canada's banks, Royal Bank of Canada Chief Executive Dave McKay told investors on Tuesday. bit.ly/2ifruPc

** Canadian Securities Administrators are calling for public input on a proposal to prohibit embedded commissions and trailer fees in investment funds, the strongest indication in a years-long process that an outright ban is on the table. bit.ly/2ift2ZP (Compiled by Bhanu Pratap in Bengaluru)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below