Press Digest: Canada - Jan 11

Telesat

11/01/2023 11:02

Jan 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
    **Shopify Inc  SHOP.TO  put its massive office space in
downtown Toronto on the sublet market on Tuesday, flooding the
country's largest business hub with even more unused space.
    ** With one of Canada's largest and oldest communications
companies Telesat Corp  TSAT.TO  trying to transform itself with
a new constellation of satellites after years of delays,
analysts are increasingly concerned about the former Crown
corporation's ability to pay off its debts.
    ** Hydro-Québec chief executive officer Sophie Brochu has
announced she is stepping down, just weeks after the provincial
government created a "super ministry" of the economy that also
assumed oversight of energy matters.      
    NATIONAL POST
    ** Canadian miner First Quantum Minerals  FM.TO  has been
negotiating a new contract for the rights of the Cobre Panama
mine for about a year after stopping briefly on Dec. 16 after
the Panama government halted discussions and announced plans to
suspend Quantum's operations.
    ** Federal workers are launching nationwide strike votes for
more than 35,000 employees at Canada Revenue Agency after talks
broke down over wages and remote work.
 (Compiled by Bengaluru newsroom)
 ((globalnewsmonitoring@thomsonreuters.com))