Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious OutperformanceFind Stocks Now

PRESS DIGEST- Canada-Sept 18

Published 2018-09-18, 06:29 a/m
Updated 2018-09-18, 06:30 a/m
© Reuters.  PRESS DIGEST- Canada-Sept 18

Sept 18 (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

** Bombardier Inc BBDb.TO has escaped late-delivery charges under a South African rail contract, despite receiving $400 million in advance and delivering only 13 of the required 240 locomotives by its deadline, an official report says. https://tgam.ca/2NSwoFR

** Troubled real estate developer Fortress Real Developments Inc is searching for buyers for many of its projects as the list of mortgage lenders launching legal action grows. https://tgam.ca/2pfo596

** Foreign Affairs Minister Chrystia Freeland will return to Washington this week to take another run at closing a NAFTA deal with the Trump administration, as negotiators try to reach agreements on issues ranging from a dispute resolution mechanism to Canada's protected dairy market. https://tgam.ca/2xiaxyc

NATIONAL POST

** A new report from Deloitte has found that at least 16 percent of publicly traded firms in Canada could be classified as "zombies" — defined as mature firms more than 10 years old that lack sufficient revenue to cover interest payments on their debt.

Coca-Cola (NYSE:KO) Co KO.N on Monday expressed an interest in the wellness-related use of a key cannabis compound, the latest indication of growing attention being paid to marijuana by major beverage producers.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.