May 16, 2018 / 10:10 AM / 2 months ago

PRESS DIGEST- Canada - May 16

May 16 (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

** Hydro One Ltd's shareholders voted 92 per cent in favour of the electric utility's executive compensation plan, which has faced intense scrutiny during the lead up to Ontario’s election campaign. (tgam.ca/2L4ryB9)

** An Alberta businessman is suing Callidus Capital Inc for C$205 million ($159.46 million), alleging the distressed lender, led by financier Newton Glassman, drove his water-drilling company into receivership to take control of it and deprive him of lucrative international contracts. (tgam.ca/2IktW9g)

** Air Canada has joined the growing list of air carriers bowing to Beijing's pressure campaign to designate the self-ruled island of Taiwan as part of China. (tgam.ca/2Iknqzb)

** LNG Canada's chief executive officer Andy Calitz says conditions are ripe for the consortium to start building a liquefied natural gas project in British Columbia by the end of this year. (tgam.ca/2ImLUrF)

NATIONAL POST

** The Canadian Radio-television and Telecommunications Commission said it is working with its partners to find all the issues that arose after technical errors caused test alerts to be inconsistently distributed to cellular devices. Wireless providers must report back on their participation by May 21. (bit.ly/2L4vuBZ)

** The Department of National Defence is planning a new C$1.1 billion ($855.63 million) building in Ottawa's west end, even while employees are settling into its C$800 million ($622.28 million) headquarters complex at the former Nortel campus. (bit.ly/2L60Qbq)

** With British Columbia's NDP government, environmental activists and some First Nations attempting to derail the line to the Pacific coast, Kinder Morgan Inc wants the uncertainty around the C$7.4 billion ($5.76 billion) project addressed by May 31 or it is prepared to walk away. (bit.ly/2L6lY0T) ($1 = 1.2856 Canadian dollars) (Compiled by Bengaluru newsroom)

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