Press Digest: Canada - July 20
20/07/2022 12:30
July 20 (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
** West Fraser Timber WFG.TO share price jumped as much as
23% on the Toronto Stock Exchange on Tuesday as investors
speculated about a potential takeover by Kronospan and CVC
Capital Partners. https://tgam.ca/3Ol05dR
** Toronto is increasing development charges by nearly half,
adding tens of thousands of dollars to the costs of building
most new homes even as the city suffers a housing affordability
crisis. https://tgam.ca/3PHKPZG
NATIONAL POST
** Global shipping company Maersk A/S MAERSKb.CO warned
customers for the third time recently that due to significant
congestion in Toronto, Canadian National Railway CNR.TO is
metering, or regulating, the flow of Toronto-bound releases from
Prince Rupert, B.C., to ensure they do not gridlock its
facilities. https://bit.ly/3yThdlg
(Compiled by Bengaluru newsroom)
((globalnewsmonitoring@thomsonreuters.com))