Press Digest: Canada - Jan 17
17/01/2018 09:52
Jan 17 (Reuters) - The following are the top stories from
select Canadian newspapers. Reuters has not verified these
stories and does not vouch for their accuracy.
THE GLOBE AND MAIL
** Insolvent Sears Canada Inc SRSCQ.PK , which closed its
last remaining stores over the weekend, has paid almost C$53
million ($42.56 million) to lawyers and other advisers in its
court creditors' process. https://tgam.ca/2DhUzsD
** The Liberal government is increasing pressure on Canadian
companies to respect human rights abroad with the launch of a
new ombudsperson focused on corporate social responsibility. https://tgam.ca/2Dl1iSZ
** Australia is taking on Canada at the World Trade
Organization over the sale of wine in British Columbia, Ontario,
Quebec and Nova Scotia, alleging that a variety of measures
"appear to discriminate" against imported wine. https://tgam.ca/2DkMnbq
NATIONAL POST
** The "Big Six" Canadian banks have hiked mortgage rates
ahead of a Bank of Canada policy announcement on Wednesday. http://bit.ly/2DhUIfF
** On Wednesday, Ontario's Newstrike Resources Ltd HIP.V ,
a recreational cannabis company backed by the Tragically Hip,
will vote on whether to merge with Saskatchewan's medical
marijuana-focused CanniMed Ltd. Shareholders of CanniMed will
vote on the same deal the following Tuesday. http://bit.ly/2DlwiSz
** Higher oil prices and a roaring economy are expected to
spur a rise in business investment in 2018, several prominent
economists said on Tuesday, as Canada continues to shrug off any
indication that it is headed for a substantial slowdown this
year. http://bit.ly/2DjEzXp
($1 = 1.2452 Canadian dollars)
(Compiled by Bengaluru newsroom)
((globalnewsmonitoring@thomsonreuters.com))
Keywords: PRESS DIGEST CANADA/