PRESS DIGEST-Canada - May 5

Reuters
05 May
PRESS DIGEST-Canada - May 5

May 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.

THE GLOBE AND MAIL

Dallas-based Sunoco SUN.N made a friendly takeover bid for Parkland PKI.TO early Monday worth $9.1-billion, including debt, potentially ending the Calgary-based fuel distributor's boardroom battle with its largest shareholder.

The federal government is implementing a new online payment regime for duties and taxes on commercial goods entering Canada. Known as CARM, which stands for Canada Border Service Agency Assessment and Revenue Management.

Prime Minister Mark Carney has pledged $25 billion in loans and $1 billion in equity financing for factory-built housing firms, alongside bulk federal orders to boost the nascent industry.

(Compiled by Bengaluru newsroom)

((globalnewsmonitoring@thomsonreuters.com))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10