Press Digest: Canada- Dec 28
28/12/2018 10:48
Dec 28 (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
** Aphria Inc APHA.TO received acquisition proposal from
Xanthic Biopharma Inc, operating as Green Growth Brands Ltd, on
Thursday, after which Aphria announced the removal of Chief
Executive Vic Neufeld from the role of chair and replaced him
with an independent director. https://tgam.ca/2SqK4GX
** Alberta's intervention in the oil market accomplished its
mission by boosting heavy oil prices, but in the longer term the
move may do more harm than good, Martin King, one of the
industry's best-known forecasters said as he stepped down from
his longtime post. https://tgam.ca/2QUXvSP
** British Columbia lumber producers are bracing for a tough
2019 amid concerns over Canada-China trade, the U.S. housing
market and American tariffs on Canadian softwood. https://tgam.ca/2QRd91H
NATIONAL POST
** Pieridae Energy Ltd PEA.V , the company with ambitions
to build a C$10 billion ($7.35 billion) liquefied natural gas
project in Nova Scotia, will apply for funds under Ottawa's
recently announced C$1.6 billion ($1.18 billion) loan program as
it inches closer to a final investment decision. http://bit.ly/2QTj46h
($1 = 1.3606 Canadian dollars)
(Compiled by Bengaluru newsroom)
((globalnewsmonitoring@thomsonreuters.com))