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Press Digest: Canada - July 15

PRESS DIGEST-Canada - July 15

- 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

** Canada's national real estate association cut its 2026 home sales forecast for the second time in six months, saying weaker activity across most of the country would outweigh a modest pickup in Ontario and now expecting transactions to fall 1.4% from 2025 to 463,336.


** Thomson Reuters TRI.TO said it would sell a 51% stake in its Global Print business to KKR for about $500 million and form a venture with the private equity firm that would hold exclusive license to distribute its content in print and digital books.


** An Alberta First Nation has sued its former lawyer, alleging he helped Edmonton businessman Sam Mraiche and a former chief improperly sole-source a C$35 million ($24.88 million)contract for a provincially funded addiction recovery centre in breach of his legal and fiduciary duties.

NATIONAL POST

** Canada Post paid C$30.8 million in bonuses to management employees in 2025 despite posting a C$1.57 billion loss that year, according to disclosures provided to a House of Commons committee.




($1 = 1.4066 Canadian dollars)


(Compiled by Bengaluru newsroom)

((globalnewsmonitoring@thomsonreuters.com))

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