Press Digest: Canada - Nov. 18

Entourage Health

18/11/2020 11:43

Nov 18 (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
    Beacon Hall Golf Club in Aurora, Ontario, told members on
Monday that an unnamed real estate developer offered to buy the
200-acre property for C$250-million ($191.26 million). https://tgam.ca/2IFBhSa
    
    Canada's biggest patent holder, BlackBerry Ltd  BB.TO , is
looking to unload most of its intellectual property in a deal
that could mark another turning point for the fallen former
smartphone giant. https://tgam.ca/2ICyj0L
                
    A former master grower for cannabis grower WeedMD Inc
 WMD.V  tipped off an investment adviser with inside information
about a major production expansion two weeks before the deal was
announced, the Ontario Securities Commission has alleged. 
       
    NATIONAL POST
    TC Energy Corp  TRP.TO  hopes to build support for its
often-challenged, long-delayed Keystone XL pipeline with a
$1-billion Indigenous minority stake announced Tuesday, which
the company says is the first of many such investments to come
across North America in the heavy oil project. https://bit.ly/3pChOSR
    
    Kraft Heinz Co  KHC.O  is planning to make ketchup in Canada
again, six years after its controversial exit from Ontario's
tomato belt pushed some shoppers to lash out and switch brands.
https://bit.ly/36EMdqQ
            
    Frugal Canadian households and businesses have accumulated a
minimum of C$170 billion ($130.06 billion) in excess cash
throughout COVID-19 and are currently sitting on the largest
cash hoard in recorded history, according to CIBC. https://bit.ly/3pEKaMf


($1 = 1.3071 Canadian dollars)
    
    

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