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PRESS DIGEST- Canada-June 14

Published 2016-06-14, 08:17 a/m
© Reuters.  PRESS DIGEST- Canada-June 14
BHC
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June 14 (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
Senators have rejected a proposal to further expand the
Liberal government's doctor-assisted dying bill to include
advance directives for patients with conditions such as
dementia.

Thousands of people gathered in downtown Orlando to mourn
the 49 men and women killed in a hail of gunfire on Sunday,
vowing to counter hate and violence with love and solidarity.

The International Monetary Fund is warning policy makers
they may have to take action that would cool Canada's hot
housing markets and ease the consumer debt binge.

POST
Justin Trudeau looked as pensive as Canadians have yet
seen him, as he announced that a second hostage, Robert Hall,
had been killed by his captors in the Philippines. The prime
minister and many of his staff were working on only a few hours
of sleep and, in the words of one senior staffer, were
"emotionally devastated" by the outcome.

The new CEO of Valeant Pharmaceuticals International Inc (NYSE:VRX)
VRX.TO is taking the company into a literal turnaround. Once
known for it's growth-by-serial-acquisition, the drugmaker will
now be focused on paying down its $30 billion debt, which will
mean selling assets instead of buying them.

Andrew Charles, chief executive of Canada Guaranty, whose
owners include the Ontario Teachers' Pension Plan, says a full
roll out of the minimum down payment for government-backed
insured mortgages to 10 per cent from five per cent will heavily
impact first-time buyers while failing to alleviate some of the
price stresses in the Vancouver and Toronto housing markets.

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