January 17, 2018 / 9:53 AM / 8 months ago

PRESS DIGEST- Canada - Jan 17

Jan 17 (Reuters) - The following are the top stories from select Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy.

THE GLOBE AND MAIL

** Insolvent Sears Canada Inc, which closed its last remaining stores over the weekend, has paid almost C$53 million ($42.56 million) to lawyers and other advisers in its court creditors' process. tgam.ca/2DhUzsD

** The Liberal government is increasing pressure on Canadian companies to respect human rights abroad with the launch of a new ombudsperson focused on corporate social responsibility. tgam.ca/2Dl1iSZ

** Australia is taking on Canada at the World Trade Organization over the sale of wine in British Columbia, Ontario, Quebec and Nova Scotia, alleging that a variety of measures "appear to discriminate" against imported wine. tgam.ca/2DkMnbq

NATIONAL POST

** The "Big Six" Canadian banks have hiked mortgage rates ahead of a Bank of Canada policy announcement on Wednesday. bit.ly/2DhUIfF

** On Wednesday, Ontario's Newstrike Resources Ltd, a recreational cannabis company backed by the Tragically Hip, will vote on whether to merge with Saskatchewan's medical marijuana-focused CanniMed Ltd. Shareholders of CanniMed will vote on the same deal the following Tuesday. bit.ly/2DlwiSz

** Higher oil prices and a roaring economy are expected to spur a rise in business investment in 2018, several prominent economists said on Tuesday, as Canada continues to shrug off any indication that it is headed for a substantial slowdown this year. bit.ly/2DjEzXp ($1 = 1.2452 Canadian dollars) (Compiled by Bengaluru newsroom)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below