Press Digest: Canada - October 16

Canadian Tire

16/10/2025 13:39

The following are the top stories from selected Canadian newspaper the Globe and Mail. Reuters has not verified these stories and does not vouch for their accuracy.

THE GLOBE AND MAIL

- Canada threatened legal action against automaker Stellantis NV STLAM.MI over what Ottawa says is the company's unacceptable plan to shift production of one model to a U.S. plant.

- Canadian Tire CTCa.TO will soon begin selling the distinctive Hudson's Bay point blanket, and is committing to direct all proceeds from the sales – at a minimum of C$1 million ($711,642.47) per year – to Indigenous-led initiatives.

- Vimy Pharmaceuticals, a startup founded by former Novo Nordisk executives Dave Suchon and Farris Smith, is aiming to produce a made-in-Canada version of Ozempic.

($1 = 1.4052 Canadian dollars)

 (Compiled by Bengaluru newsroom)

 ((globalnewsmonitoring@thomsonreuters.com))