Press Digest: Canada - Feb 12

Parkland

12/02/2025 13:49

Feb 12 (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-Dominion Bank  TD.TO  is shoring up capital to
invest in its Canadian businesses as it offsets regulatory
restrictions on expansion in the U.S. prompted by the lender's
anti-money-laundering failings.
    
    ** Simpson Oil, which owns nearly 20% of Calgary-based
Parkland  PKI.TO , won a legal victory Monday when the Ontario
Superior Court ruled it is no longer bound by a 2019 governance
agreement. That agreement had prevented the company from
engaging in any activism against Parkland or soliciting bids to
acquire the company.

    ** Two staffing companies hired to work on the federal
government's ArriveCan app have failed a group of audits, which
found they did not meet the criteria of a program that gave
their joint venture preferential access to a dozen government
contracts as an Indigenous business.

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