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BNS Bank of Nova Scotia News Story

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Press Digest: Canada - October 17

Oct 17 (Reuters) - The following are the top stories from Canadian newspaper The Globe and Mail. Reuters has not verified these stories and does not vouch for their accuracy.

THE GLOBE AND MAIL

- Bank of Nova Scotia BNS.TO is laying off staff across its Canadian banking unit as part of the lender's efforts to adjust its businesses through its multiyear turnaround plan.

- The Canadian government is rolling out its C$700 million ($498.93 million) loan package for the struggling softwood industry, inviting Canadian lumber companies to apply for assistance as the U.S. trade war intensifies.

- Prime Minister Mark Carneybrushed off calls to retaliate against the United States over its tariffs on some Canadian exports, saying the two countries were deep in talks over key sectors.

($1 = 1.4030 Canadian dollars)

 (Compiled by Bengaluru newsroom)

 ((globalnewsmonitoring@thomsonreuters.com))

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