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)
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