Press Digest: Canada - July 7

The Bank of Nova Scotia

07/07/2026 15:24

July 7 (Reuters) - The following are the top stories from selected Canadian newspapers. Reuters has not verified all these stories and does not vouch for their accuracy.

THE GLOBE AND MAIL

- BP BP.L has agreed to sell its stake in the Bay du Nord offshore oil project in Canada to partner Equinor EQNR.OL as the British energy major sharpens its focus on higher-return opportunities.
     
- The federal government is investing hundreds of millions of dollars into Teck Resources' TECKb.TO trail metals complex in British Columbia to boost production of germanium in a push to firm up the North American supply of defence metals.
     
- Air Canada AC.TO is again scaling back flights to the U.S. amid high jet fuel costs and lower demand for trips south of the border.

NATIONAL POST

- Bank of Nova Scotia BNS.TO is teaming up with Lightworks, Sun Life SLF.TO and TELUS T.TO to build and share infrastructure to help them deploy the AI technology faster, more safely and at a lower cost.

 (Compiled by Bengaluru newsroom)
 ((globalnewsmonitoring@thomsonreuters.com))