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Press Digest: Canada - September 16

PRESS DIGEST-Canada - September 16

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

** Canadian Prime Minister Mark Carney unveiled a permanent tax deduction that will allow companies to write off the full cost of acquiring or building a wide range of new business assets, with eligible costs including things such as new equipment, infrastructure and software.

** Private equity firm Birch Hill Equity Partners is forming a regional airline group in British Columbia, with Birch Hill-owned Harbour Air buying Pacific Coastal Airlines.

** Cohere Inc. and Open Text Corporation OTEX.TO are partnering to sell artificial intelligence tools to businesses and governments.

NATIONAL POST

** European Union President Ursula von der Leyen extended an invitation to Canada on Wednesday to become the European Union’s first ever “associate member.”

** The Canadian Taxpayers Federation called on the Carney government to make about $60 billion in annual spending cuts, including the end of taxpayer support for corporations, the CBC, the Senate and expense accounts for past governors general.


(Compiled by Bengaluru newsroom)

((globalnewsmonitoring@thomsonreuters.com))

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