Press Digest: Canada - Oct 2
02/10/2017 11:47
Oct 2 (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
** Sears Canada Inc SRSCQ.PK will ask the Ontario Superior
Court on Wednesday to approve a number of sales, including some
that would result in 11 more stores closing and 1,200 more
employees losing their jobs after the outlets are liquidated. https://tgam.ca/2fDeWCt
** SemGroup Corp SEMG.N , the U.S. company known for
transporting, storage and processing oil and gas, could jettison
its asphalt business in Mexico as it looks to expand its
footprint in Alberta, British Columbia with a C$500 million
($400 million) investment. https://tgam.ca/2fDaMur
** Alberta and Ontario raised their mandatory minimum hourly
wage over the weekend, pay increases aimed at reaching C$15 an
hour. Alberta's minimum rate went up by C$1.40 to C$13.60 on
Sunday, while Ontario's level rose by 20 cents to C$11.60. https://tgam.ca/2fDf4Sn
NATIONAL POST
** Loblaw Companies Ltd L.TO said that the company is
exploring the possibility of offering grocery home delivery one
day and has "engaged" a number of e-commerce innovators around
the world, including Instacart. http://bit.ly/2fDa7Jt
** Housing affordability in Canada hit the worst level in 27
years in the second quarter of this year, according to a Royal
Bank of Canada RY.TO report. The Toronto area was the hardest
hit, where RBC says affordability declined the most compared to
the previous year. http://bit.ly/2fD9W0L
** Two men are dead after a shooting outside of a nightclub
in downtown Toronto early Sunday morning. Police say they were
called to the scene shortly after 3 am. http://bit.ly/2fCthiC
(Compiled by Bengaluru newsroom)
((globalnewsmonitoring@thomsonreuters.com))
Keywords: PRESS DIGEST CANADA/