Reuters: Regulatory News: PRESS DIGEST - Canada - Aug 22

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PRESS DIGEST - Canada - Aug 22 Aug 22nd 2012, 11:01 Wed Aug 22, 2012 7:01am EDT Aug 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. * Four companies have been jointly convicted and fined a total of C$1.1-million ($1.1 million) - one of the highest penalties in 20 years - under Ontario's Environmental Protection Act. * Canada's National Energy Board, in a letter dated Aug. 17, says TransCanada Corp is not meeting certain safety standards on its Keystone system in Saskatchewan and Manitoba. * Court documents filed by the Commissioner of Canada Elections show the number of complaints about misleading telephone calls in last year's federal election has almost doubled. * Royal Dutch Shell plans to spend at least $1- billion a year exploiting China's potentially vast resources of shale gas, the firm's top China executive said, part of an aggressive strategy to expand in the world's biggest energy market.

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