Tuesday, August 21, 2012

Reuters: Regulatory News: PRESS DIGEST - Canada - Aug 21

Reuters: Regulatory News
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PRESS DIGEST - Canada - Aug 21
Aug 21st 2012, 10:36

Tue Aug 21, 2012 6:36am EDT

Aug 21 (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 British Columbia government plans to seek an injunction to stop a Vancouver private clinic from extra billing patients for services covered by the province's health plan.

* Royal Bank of Canada is raising two of its mortgage rates by one-fifth of a point each, starting Tuesday. RBC's posted rate for a three-year, fixed-rate mortgage will go up 0.2 percentage points to 4.05 percent.

* The issue of student strikes, which had fallen off the radar during the Quebec election campaign after captivating the province for months, made a brief return as an election issue Monday.

* Canadian banks will come under increased pressure as revenues from key businesses such as consumer lending and capital markets start to decline over coming quarters, Fitch Ratings warned.

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