Company News

PRESS DIGEST- Canada- June 5

June 5 (Reuters) - The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy.


** Canadian Securities Administrators published amendments on Thursday to its At-the-market (ATM) rules, removing requirements that companies apply for certain securities law exemptions before launching an ATM, and removing caps on the number of shares a company can sell using the rules.

** Alternative asset manager Onex Corp raised $765 million on Thursday from a share sale in data business Clarivate Plc, taking advantage of an ongoing equity market rally.

** The Canadian Association of Petroleum Producers (CAPP) wants Ottawa to implement an immediate 100% tax deduction for capital investments in the oil sector, including those in clean technology and to reduce emissions.


** Canadian Prime Minister Justin Trudeau said on Thurday that seniors eligible for the Old Age Security (OAS) pension and the Guaranteed Income Supplement (GIS) will receive their special one-time, tax-free payment during the week of July 6.

Compiled by Bengaluru newsroom