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CEF.A - Central Fund Of Canada News Story

C$16.9 -0.2  -0.9%

Last Trade - 15/01/18

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Enterprise Value £n/a
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Position in Universe th / 2680

PRESS DIGEST-Canada - March 9

Thu 9th March, 2017 12:24pm
March 9 (Reuters) - The following are the top stories from 
selected Canadian newspapers. Reuters has not verified these 
stories and does not vouch for their accuracy. 
    ** Strong demand for the Boeing 787 among the world's 
airlines has created a profitable sideline for Air Canada 
 AC.TO . The Canadian airline sold two of its newest planes last 
year for C$351 million ($260 million) and leased them back, 
recording a C$19 million gain on sale, and expects to sell and 
lease back more 787s this year, chief financial officer Michael 
Rousseau said. https://tgam.ca/2n2Ctm9 
    ** The Montreal-based president of CCM Hockey says the 
announcement that owner Adidas AG  ADSGn.DE  plans to sell the 
brand is a "great opportunity" for the long-time Canadian brand 
to increase its hockey-equipment market share. https://tgam.ca/2mF28R4 
    ** Money manager Sprott Inc  SII.TO  launched a hostile $3.1 
billion takeover offer Wednesday for Central Fund of Canada Ltd 
 CEFa.TO , the latest battle in Sprott's two-year campaign to 
unite rival gold and silver bullion funds. https://tgam.ca/2mJD37Q 
    ** As BlackBerry Ltd  BB.TO  vies to position itself as a 
leader in secure automotive systems, its QNX software has turned 
up on a list of potential targets for the Central Intelligence 
Agency to hack, according to documents released by WikiLeaks. http://bit.ly/2moDlzY 
    ** Caisse de dépôt et placement du Québec is investing $700 
million for a 30 percent stake in GE's Water & Process 
Technologies business. The Quebec pension giant is teaming up on 
the deal with Paris-based SUEZ, which will contribute its 
existing industrial water business to GE Water and will own 70 
percent of the combined water treatment operation. http://bit.ly/2nicS4F 
    ** Canadians support the construction of the Keystone XL oil 
pipeline and, at the same time, want their government to uphold 
their commitments to the Paris climate agreement even if the 
U.S. reneges, a survey from the Angus Reid Institute showed. http://bit.ly/2m2JUol 
($1 = 1.3524 Canadian dollars) 
 (Compiled by Rama Venkat Raman in Bengaluru) 
 ((ramavenkat.raman@thomsonreuters.com; within U.S. +1 646 223 
8780, outside U.S. +91 80 6749 7151; Reuters Messaging: 
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