Press Digest: Canada - May 9

Gildan Activewear

09/05/2024 13:40

May 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.
    
    
    THE GLOBE AND MAIL
    ** Apparel maker Gildan Activewear  GIL.TO  won backing from
Quebec's largest asset manager CDPQ ahead of a crucial
shareholder vote for control of the board of directors at the
Montreal-based clothing manufacturer.
    
    ** Suncor Energy  SU.TO  is planning a range of measures to
cut out the middleman, including selling straight to customers
as it keeps its focus on boosting profits under new boss Rich
Kruger.

    ** Several major business groups are calling on Canadian
Finance Minister Chrystia Freeland to kill the planned increase
to the capital-gains tax, saying they are alarmed by the
potential impact on Canada's competitiveness.
  

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