💙 🔷 Not impressed by Big Tech in Q3? Explore these Blue Chip Bargains insteadExplore for free

PRESS DIGEST- Canada- Nov 3

Published 2015-11-03, 06:03 a/m
© Reuters.  PRESS DIGEST- Canada- Nov 3
BBDb
-
BNS
-
TRP
-
RY
-

Nov 3 (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
** TransCanada Corp TRP.TO said it has asked the U.S.
State Department to suspend the review of its $8 billion
Keystone XL pipeline while it seeks clearance from regulators in
Nebraska. (http://bit.ly/1Na8o5A)

** The incoming Trudeau government, already facing a tough
decision on whether to offer a $1 billion bailout to Bombardier
Inc BBDb.TO , says it's standing by a different political
pledge that will end up hurting the Montreal aircraft maker and
its troubled C Series plane. (http://bit.ly/1SkUTEC)

** Royal Bank of Canada RY.TO has completed its $5 billion
acquisition of Los Angeles-based City National Corp, setting
into motion RBC's ambitious strategy for building a much larger
presence in the United States and Britain. (http://bit.ly/1l5NsWC)

NATIONAL POST

** TransCanada Corp TRP.TO asked U.S. Secretary of State
John Kerry late Monday to suspend its review of the Keystone XL
pipeline, pending the resolution of litigation in Nebraska over
the pipeline route. (http://bit.ly/1GJcqoK)

** Moody's Investors Service has put Bank of Nova Scotia's
BNS.TO longterm debt ratings under review for possible
downgrade. The ratings agency cited significant measures taken
by Canada's third-largest bank to increase its profitability
over the past couple of years, which signal a "fundamental
shift" in the bank's risk appetite. (http://bit.ly/1Q3b2jw)

** Despite a $1 billion cash infusion from the Quebec
government, Bombardier Inc BBDb.TO is still walking a
liquidity "tightrope" and may need a second bailout soon, says
Scotiabank . (http://bit.ly/1RN9448)

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.