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PRESS DIGEST- Canada-June 28

Published 2017-06-28, 07:09 a/m
© Reuters.  PRESS DIGEST- Canada-June 28
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June 28 (Reuters) - The following are the top stories from select Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy.

THE GLOBE AND MAIL

** Royal Bank of Canada RY.TO will repay C$21.8 million to clients who were incorrectly charged investment fees for certain mutual-fund products and fee-based accounts.

** Mutual fund dealer Sterling Mutuals Inc has scooped up Michael Stanley, former CEO of Quadrus Investment Services Ltd, as its new president.

** A British Columbia judge has rejected Ottawa's last-minute attempt to adjourn a landmark lawsuit challenging the use of solitary confinement in federal prisons, clearing the way for the trial to begin next week.

NATIONAL POST

** The United States may have turned up the heat on the softwood dispute this week by imposing new tariffs on Canadian lumber products, but sources on both sides suggest the key players are coming closer together and there is renewed political will to strike a deal.

Prime Minister Justin Trudeau says he made the "difficult but necessary" choice to break his promise on electoral reform because the other parties refused to compromise and accommodate the Liberal preference for ranked ballots, and that he's always felt proportional representation would be bad for Canada.

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