Press Digest: Canada - April 8

Gildan Activewear

08/04/2024 10:51

April 8 (Reuters) - 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
    ** The economics department at Royal Bank of Canada  RY.TO  
said in a report on Monday that Canada's housing affordability
crisis will hit even more alarming levels in the coming years
without a bold set of policy reforms to boost supply. 
    
    ** Prime Minister Justin Trudeau announced on Sunday that
the federal government will spend $2.4 billion to bolster access
to critical artificial intelligence infrastructure, build
domestic computing capacity and create safeguards against the
potential downsides of AI technology. 

    ** The U.S. investment firm Browning West is seeking a court
order preventing the board of Gildan Activewear Inc  GIL.TO 
from signing any binding deal to sell the clothing maker until
shareholders vote on new directors.     
  
       
    

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