Press Digest: Canada - May 12

CGI

12/05/2026 14:11

May 12 (Reuters) - The following are the top stories from Canadian newspaper The Globe and Mail. Reuters has not verified these stories and does not vouch for their accuracy.

THE GLOBE AND MAIL

** Real estate company Jesta Group plans to spend C$500 million ($364.80 million) to buy more than 1,000 newly built Toronto condominiums and turn them into rentals.

** Canadian IT consulting firm CGI GIBa.TO named Tim Hurlebaus as its president and chief executive officer and said current CEO Francois Boulanger will retire.

** American edtech company Duolingo DUOL.O lobbied the Canadian government for approval as an official language test provider for immigration applications, but was ultimately unsuccessful in its attempts.

($1 = 1.3706 Canadian dollars)

 (Compiled by Bengaluru newsroom)

 ((globalnewsmonitoring@thomsonreuters.com))