Press Digest: Canada - Sept 10

Kinaxis

10/09/2024 13:41

Sept 10 (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
    - A coalition of Canada's property and casualty industry
associations asked insurance regulators to establish a more
cohesive licensing regime, after four severe weather events this
summer saw a spike in natural-disaster claims in the country.   
    
    - Swedish battery maker Northvolt AB said it is proceeding
with its project in Saint-Basile-le-Grand near Montreal, adding
it would also shrink its operations in Europe and cut jobs amid
a slowdown in global electric-vehicle demand.
    
    - U.S.-based investment firm Daventry Group LP has urged
Kinaxis  KXS.TO  to put itself up for sale, calling the Canadian
software company a high quality asset that many buyers would pay
a "healthy premium" to own.
       
    NATIONAL POST
    - The Liberal Party on Monday said former central bank
governor Mark Carney will chair a task force on economic growth,
as the Liberal caucus is set to meet in Nanaimo, British
Columbia this week.
    
    - Canadian miner Solaris Resources Inc.  SLS.TO  is
relocating its headquarters to Quito, the capital of Ecuador,
just months after terminating a $130 million investment from
China-based Zijin Mining Group  601899.SS .

 (Compiled by Bengaluru newsroom; Editing by Shreya Biswas)
 ((globalnewsmonitoring@thomsonreuters.com))