Press Digest: Canada - May 8

Telus

08/05/2025 12:54

May 8 (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

Montreal-based pension fund Caisse is leading a new round of investment worth $160 million in Germain Hotels to speed up the Canadian lodging company's expansion as the tourism industry stays hopeful in an economy fraught with uncertainty.

Telus T.TO is considering selling a minority stake in Telus Health or spinning it off in an initial public offering.

The Competition Bureau is investigating the impact of BWX Technologies' BWXT.N $782.7 million acquisition of Kinectrics on Canada's nuclear medicine sector, obtaining court orders as part of the probe.

 (Compiled by Bengaluru newsroom)

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