Press Digest: Canada - Aug 10

Baldwin Insurance,

10/08/2022 12:09

Aug 10 (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
    ** Canada's ambitions of becoming an electric-vehicle
powerhouse are being fuelled by interest from Tesla Inc  TSLA.O 
in locating a major manufacturing facility in Ontario. https://tgam.ca/3JQDmFR
    
    ** The social-media management company Hootsuite Inc, a
beacon of Canada's tech sector in the early 2010s, told
employees on Tuesday that it would lay off 30% of its staff
worldwide. https://tgam.ca/3vUqVTB
                
    **Ski-Doo maker BRP Inc  DOO.TO  said it has been hit by a
cyberattack and has suspended operations temporarily. https://tgam.ca/3zNzCAe
    
    NATIONAL POST
    ** A federal government plan to mandate that Canadian
agribusinesses reduce their use of nitrogen fertilizer in order
to lower greenhouse gas emissions is facing pushback from
business and agricultural groups. https://bit.ly/3vUZuJk
    
    ** Canadian regulators are working with counterparts in the
United States as multiple jurisdictions investigate the
multi-billion-dollar collapse of cryptocurrency lender Celsius
Network LLC, according to sources with knowledge of the probes.
https://bit.ly/3dkMKoS

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