Press Digest: Canada - March 13

Allied Properties Real Estate Investment Trust

13/03/2024 11:46

March 13 (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 
    ** Real estate developer Allied Properties REIT  AP_u.TO  is
buying out its partner, Westbank Corp., on two office
skyscrapers as it faces rising costs and legal claims at
projects in Toronto and Seattle.

    ** Cleantech startup Carbonova Corp. has completed a
$6-million funding round aimed at expanding its capacity to
produce high-value carbon nanofibres from waste CO2 and methane
at commercial scale.
    
    ** Toronto-Dominion Bank  TD.TO  chief executive officer
Bharat Masrani took a $1-million cut to his bonus pay in 2023 in
response to a terminated takeover deal and the bank's continuing
troubles with U.S. regulators and law enforcement.

 (Compiled by Bengaluru newsroom)
 ((globalnewsmonitoring@thomsonreuters.com))