Press Digest: Canada - June 26
PRESS DIGEST-Canada - June 26 June 26 (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
** Canadian Prime Minister Mark Carney said the country must be ready to renew the United States-Mexico-Canada agreement, with the mandatory review date of July 1 approaching.
** Canada's Prime Minister announced a C$1.45 billion ($1.02 billion) proposal to convert vacant condo units to affordable housing, and that the federal government will cover 10% of that figure.
** Toronto-based vitamin maker Jamieson Wellness JWEL.TO said it received an unsolicited takeover offer, while the company is talks with buyers with analysts expecting a potential takeover sale to be over C$2 billion ($1.41 billion).
** Canadian smartphone-maker Blackberry BB.TO reported better-than-expected results in all three business lines in the first quarter ended May 31 and increased its forecast for the year.
** Canadian companies signed over C$1.7 billion ($1.20 billion) in 14 commercial deals in Japan as part of a trade mission to diversify and strengthen cooperation with overseas allies.
** Canadian media and telecomunications company Quebecor QBRb.TO attempted to block the financial restructuring of Corus Entertainment CJRb.TO, as part of its pursuit to acquire the debt-heavy company.
NATIONAL POST
** Canadian Prime Minister Mark Carney expects "years of uncertainty" from Alberta's upcoming referendum that will allow residents to vote on independence.
** Canada's Prime Minister said he expects the United-States-Mexico-Canada deal to ultimately happen.
($1 = 1.4181 Canadian dollars)
(Compiled by Bengaluru newsroom)
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