Press Digest: Canada - Oct. 9

RFA Financial

09/10/2020 12:49

Oct 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
    ** Bank of Canada Governor Tiff Macklem acknowledged that
the central bank's adoption of record-low interest rates to
fight the COVID-19 economic crisis has elevated the country’s
financial risks, warning that "the next few months will be
crucial" in determining how well Canadian households and
businesses weather the strains from the crisis. https://tgam.ca/3jFd2AF
 
    
    ** Onex Corp  ONEX.TO  is buying U.S. employee-benefits
provider OneDigital for $960 million, the latest in a string of
pandemic-era investments in service businesses from the
deep-pocketed asset manager. https://tgam.ca/3iIZUco
 
                
    ** Artis Real Estate Investment Trust  AX_u.TO  says it
plans to stick to its strategy for boosting the value of its
trust units, including proceeding with a spinoff of properties,
despite harsh criticism levelled by an activist investor seeking
to oust most of its board members. https://tgam.ca/3lrAdPp
 
       

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