Press Digest: Canada - Dec 4

Loblaw Companies

04/12/2025 14:29

Dec 4 - 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

** Hims & Hers Health HIMS.N, one of the largest U.S. telehealth providers, is entering the Canadian market with the acquisition of Montreal-based Livewell on Thursday and expects to ride the wave of exploding demand for the generic weight-loss drug semaglutide when it becomes available.

** Mohammad Kamal, a spokesperson for Treasury Board President Shafqat Ali, confirmed letters have been sent to around 68,000 public servants this week to inform them about early-retirement incentives as part of Ottawa's push to shrink the size of the federal government.

** Foreign Affairs Minister Anita Anand wouldn't say Wednesday whether Canada would block the export of Ontario-made armoured vehicles for use by U.S. Immigration and Customs Enforcement.

NATIONAL POST

** Canada's EQ Bank EQB.TO, the parent of Equitable Bank, announced on Wednesday the acquisition of PC Financial from Loblaw Cos. L.TO in a deal valued at $800 million that propels the digital challenger bank into the credit card market.

 (Compiled by Bercelona newsroom)

 ((globalnewsmonitoring@thomsonreuters.com))