Press Digest: Canada - Aug 30

Onex

30/08/2024 13:21

Aug 30 (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
    Toronto-based Onex  ONEX.TO , which owns WestJet Airlines,
announced on Thursday it had acquired aircraft logistics company
Farsound Aviation from a Hong Kong private equity fund. 
    
    Nutrien  NTR.TO , the world's largest potash producer, is
scaling back operations in Brazil after a series of setbacks in
the region, including a $220 million loss on unauthorized
derivatives trades.
    
    Online tutoring company Paper Education has cut its entire
Canadian tutor work force, weeks after laying off nearly half
its head office staff and replacing CEO Philip Cutler.

    Rick Leary, the outgoing head of the Toronto Transit
Commission (TTC), said there are delays in securing funding to
upgrade one of the city's aging subway lines.

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