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PRESS DIGEST-Canada - Oct. 9

Published 2020-10-09, 07:49 a/m
© Reuters.
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Oct 9 (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

** Bank of Canada Governor Tiff Macklem acknowledged that the central bank's adoption of record-low interest rates to fight the COVID-19 economic crisis has elevated the country's financial risks, warning that "the next few months will be crucial" in determining how well Canadian households and businesses weather the strains from the crisis. https://tgam.ca/3jFd2AF

** Onex Corp ONEX.TO is buying U.S. employee-benefits provider OneDigital for $960 million, the latest in a string of pandemic-era investments in service businesses from the deep-pocketed asset manager. https://tgam.ca/3iIZUco

** Artis Real Estate Investment Trust AX_u.TO says it plans to stick to its strategy for boosting the value of its trust units, including proceeding with a spinoff of properties, despite harsh criticism levelled by an activist investor seeking to oust most of its board members. https://tgam.ca/3lrAdPp

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