Press Digest: Canada - August 11

Royal Bank of Canada

11/08/2026 12:21

August 11 (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
** The federal government is launching a C$100 million ($71.78 million)  rebate program that will partially subsidize the interprovincial shipping costs of Canadian steelmakers.
     
** Ottawa has announced that it is imposing sanctions on Streit Group, a major Canadian-owned manufacturer of armoured vehicles that have been deployed by the Russian military and a Sudanese militia.
     
NATIONAL POST
** The Royal Bank of Canada RY.TO  and BMO Financial Group agreed to sell jointly owned Moneris Solutions to technology investment firm Francisco Partners in a deal valued at C$2 billion  ($1.44 billion).
     
($1 = 1.3932 Canadian dollars)

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