July 27, 2017 / 10:44 AM / in a year

PRESS DIGEST- Canada-July 27

July 27 (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 Supreme Court of Canada affirmed on Wednesday that Indigenous people do not have a veto over resource projects affecting their traditional territory, even as it quashed a regulatory permit for an oil-exploration program that Inuit residents of Baffin Island feared would damage their hunting rights. tgam.ca/2v0o0dW

** Canada is reviewing the U.S. administration's decision to sanction 13 current and former Venezuelan government officials ahead of a controversial election on Sunday that could turn Venezuela into a dictatorship. Foreign Affairs Minister Chrystia Freeland welcomed the United States sanctions, but did not say if Canada will follow suit. tgam.ca/2v0476U

** Suncor Energy Inc is battling higher costs at its Syncrude oil sands project and said it would take longer than expected to restore production at the problem-plagued operation after a fire tore through the facility earlier this year. tgam.ca/2v0tF3x


** Canada Mortgage and Housing Corp continues to give the national housing market its worst possible rating, saying there still is "strong evidence of problematic conditions" — an assessment first made three quarters ago. bit.ly/2ePpz8g

** The chief executive of U.K.-based Finastra, which absorbed Toronto-based DH Corp last month, said Canada would continue to be an "incredibly crucial part of our ecosystem going forward" and that it intended to expand its capabilities on this side of the pond. CEO Nadeem Syed also said Canada represents upwards of 20 percent of Finastra's overall revenues — just behind the United States. bit.ly/2u1bBSo (Compiled by Bengaluru newsroom)

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