PRESS DIGEST- Canada - Nov 7

Published 2016-11-07, 06:00 a/m
© Reuters.  PRESS DIGEST- Canada - Nov 7
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Nov 7 (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

** Workers at Ford Motor (NYSE:F) Co of Canada Ltd F.N have approved a new contract with the company, wrapping up 2016 contract negotiations between Unifor and the Canadian units of the Detroit Three automakers.

The U.S. election is almost certain to be the sole fixation of the financial world this week. Everything else is secondary to Tuesday's vote - the culmination of a bitter marathon of an election campaign.

Prime Minister Justin Trudeau is expected to roll out a new environmental protection regime for British Columbia's coast as early as Monday. It is his answer to the province's demand for a "world leading marine spill response" plan, which is currently the biggest sticking point in gaining the British Columbia government's approval for new heavy-oil pipelines.

POST

** In about 10 days, the second multibillion-dollar equity offering this year by TransCanada Corp TRP.TO is set to close. The C$3.2 billion ($2.39 billion) financing - the sale of 54.75 million shares at C$58.50 plus an option to sell another 5.475 million shares at the same price, which runs until mid December - was announced this week. ($1 = 1.3409 Canadian dollars)

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