April 27, 2017 / 10:45 AM / a year ago

PRESS DIGEST- Canada - April 27

April 27 (Reuters) - The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy.


** Shares of beleaguered mortgage lender Home Capital Group Inc plunged on Wednesday as the company revealed it was negotiating an emergency line of credit to shore up its finances after depositors rushed to pull money from their savings accounts. (tgam.ca/2pCcW4s)

** Kevin O' Leary will now campaign to elect Maxime Bernier as the next leader of the Conservative Party after the celebrity businessman's stunning decision to drop out of race and support his former rival. (tgam.ca/2pChbNm)

** Vice-Admiral Mark Norman divulged cabinet secrets to an executive with a Quebec-based shipyard and advised him how to use the media to pressure the Liberals into approving a naval supply-ship contract, the Royal Canadian Mounted Police allege. (tgam.ca/2pChnfy)


** Canada Mortgage and Housing Corp sees better housing market conditions than it did 90 days ago but the federal Crown corporation didn't see enough improvement in the second quarter to remove its red warning label on the country as a whole. (bit.ly/2pCbfnw)

** Concerns over Cenovus Energy Inc's massive deal with ConocoPhillips overshadowed the oilsands producer's first quarter profit and improving financial results Wednesday. (bit.ly/2pC7ajg) (Compiled by Vishal Sridhar)

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