Press Digest: Canada - July 21

BROOKFIELD ASSET MANAGEMENT

21/07/2026 11:21

July 21 (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
U.S. President Donald Trump is escalating his trade war against Canada, imposing 50 percent tariffs on a range of goods to hit back at Ottawa for retaliating against his previous tariffs.
The private-equity arm of Brookfield Asset Management Ltd BAM.N is paying C$1.6 billion ($1.14 billion) to acquire Gregg Distributors LP, a family-owned provider of industrial products to thousands of businesses across Western Canada.
Enbridge Inc ENB.TO has startedconstruction on the C$4 billion expansion of its pipeline system for transporting natural gas in British Columbia, with Ottawa touting the economic spinoffs from Canada’s energy industry.  
       
NATIONAL POST
LXP Industrial Trust LXP.N will be taken private by Brookfield Asset Management and Canada Pension Plan Investment Board in a $5.2 billion all-cash deal, the industrial real estate investment trust said.     
($1 = 1.4066 Canadian dollars)

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