May 22, 2017 / 10:11 AM / in a year

PRESS DIGEST- Canada - May 22

May 22 (Reuters) - The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy.


** The Bank of Canada looks all but certain to stick with its cautious tune when it issues its latest interest-rate decision this week, as growing economic optimism should take a back seat to tepid inflation and worries on the housing and trade fronts.

** Canadian Advantage Petroleum Corp, a entity backed by Chinese investors, is quietly studying a proposal to bring crude on trains to the Vancouver area and then pump it into tankers - if it can secure authorization from a local First Nation.

** Vancouver billionaire Jim Pattison has boosted his bet on a shipping terminal that has been rocked by the threat of an export ban on thermal coal. Pattison has acquired another 724,600 of Westshore Terminals Investment Corp's shares over the course of four business days from May 4- May 9 provincial election date, according to regulatory filings.


** Ontario Premier Kathleen Wynne said on Friday that the province is moving ahead with preliminary design work for a high-speed rail corridor connecting Toronto and Windsor, as well as investing C$15 million ($11 million) for an environmental assessment.

** The Canadian federal government's suggestion it may trash plans to buy "interim" fighter jets from aerospace giant Boeing Co may open up a window for F-35 producer Lockheed Martin Corp to swoop into.

$1 = 1.3516 Canadian dollars Compiled by Bengaluru newsroom

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