Press Digest: Canada - Feb. 20

COGECO

20/02/2020 11:52

Feb 20 (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
    ** Via Rail will lay off about 1,000 employees, or one-third
of its work force, amid protests that have halted passenger and
freight train traffic in much of Canada. (https://tgam.ca/38NmcFG)
 
    ** Duo Bank of Canada is acquiring consumer finance company
Fairstone Financial Holdings Inc for an undisclosed amount of
money, marking the bank's first major deal since it was sold by
the retail giant Walmart Inc  WMT.N  to a group of investors in
early 2019. (https://tgam.ca/32dIn5n)
 
    ** Chief Execeutive Officer of Cogeco Inc  CGO.TO , Philippe
Jetté on Wednesday said Canada's large national carriers should
be forced to open up their wireless networks because they have
been unwilling to enter into commercial agreements with wireless
resellers. (https://tgam.ca/2PaiVc1)
 
    NATIONAL POST
    ** Financial Consumer Agency of Canada said on Wednesday
Canada's biggest banks will be required to improve how they
handle customer complaints following a review that found both
internal and external processes used by the lenders have a
number of flaws in them. (http://bit.ly/37HHUtz)

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