Company News

PRESS DIGEST- Canada- Oct 4

Oct 4 (Reuters) - The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy.


** Great-West Lifeco Inc is set to merge three of its well-known Canadian subsidiaries under one roof as policyholders voted in favour of the move that retires two brands that have been in the market for more than 170 years.

** The Caisse de dépôt et placement du Québec has invested $50 million in electric scooter startup Bird Rides Inc, whose electric vehicles are now in more than 100 cities around the world including Calgary and Edmonton.

** Canadian securities regulators have approved a set of investor protection rules that aims to hold advisers accountable for the investment decisions they make for clients, but investor advocates say the changes fall short.


** Ontario auto-parts maker Linamar Corp says it is costing as much as C$1 million ($750,581.70) a day in profit as the economic damage mounts from a strike by General Motors Co workers in the United States.

** Toronto-based Millennial Esports Corp is building a $2.8 million arena in Miami to host video games competitions as the nascent esports racing industry takes off.

$1 = 1.3323 Canadian dollars Compiled by Bengaluru newsroom