Press Digest: Canada - Aug 9

RF Capital

09/08/2018 12:39

Aug 9 (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
    ** GMP Capital Inc  GMP.TO  is trimming staff at its
Canadian capital markets business amid a slowdown in merger and
acquisition activity and equity-raising by energy companies. (https://tgam.ca/2nmKxfB)
    
    ** RioCan  REI_u.TO , one of Canada's largest retail
landlords, is aiming to benefit from what its top executive
calls the marijuana "gold rush". Edward Sonshine, chief
executive officer of RioCan Real Estate Investment Trust, said
on Wednesday that the company is well positioned ahead of the
legalization of recreational cannabis on Oct. 17. (https://tgam.ca/2nqdabM)
                
    ** Alberta's energy watchdog is seeking broader powers over
corporate takeovers after the bankruptcy of a private Chinese
natural-gas producer exposed gaps in provincial regulations, its
Chief Executive Officer Jim Ellis said. (https://tgam.ca/2nmLfJN)
       
    NATIONAL POST
    ** New condominium buyers deterred by soaring Toronto prices
are apparently venturing further afield to Hamilton, Kitchener
and Waterloo, which offer more bang for their buck and the
promise of new transit links that will improve accessibility. (http://bit.ly/2nnaxHF)

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