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PRESS DIGEST- Canada - March 4
March 4, 2014 / 9:25 AM / in 4 years

PRESS DIGEST- Canada - March 4

March 4 (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 GLOBE AND MAIL

* The number of obese Canadians has tripled since the mid-1980s, a phenomenon driven by a sharp rise in the number of extremely overweight adults whose health complications are expected to place a heavy burden on the health-care system. ()

* Lawyers working for Kinder Morgan Inc have sent a letter to the National Energy Board proposing the narrowest interpretation of who can participate in a review of the company’s proposed twinning of the Trans Mountain pipeline. ()

Reports in the business section:

* A year after being admonished for cutting mortgage rates too aggressively, banks are demonstrating a new, self-imposed restraint. ()

* Canada’s dairy industry faces a grim future of stagnant sales, dwindling farms and lost opportunity if the country remains a bystander to a global boom in milk products trade, the Conference Board of Canada argues in a new study. ()

NATIONAL POST

* The libel trial of the controversial Sun News TV host Ezra Levant began in a Toronto courtroom with blunt questions and cautiously indignant answers from the alleged victim. ()

FINANCIAL POST

* Pacific Investment Management Co forecasts Canadian home prices falling as much as 20 percent in the next five years, removing the boost from household spending that contributed to faster-than-expected growth last quarter. ()

* Prime Minister Stephen Harper sharply criticized Taseko Mines Ltd and its controversial New Prosperity project on Monday, stating that an environmental report on the British Columbia project was “damning.” ()

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