Get 40% Off
⚠ Earnings Alert! Which stocks are poised to surge?
See the stocks on our ProPicks radar. These strategies gained 19.7% year-to-date.
Unlock full list

PRESS DIGEST- Canada- July 18

Published 2019-07-18, 07:24 a/m
Updated 2019-07-18, 07:30 a/m
© Reuters.  PRESS DIGEST- Canada- July 18

July 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

** Canadian pension fund Caisse de dépôt et placement du Québec is pouring more money into McInnis Cement after efforts to sell the controversial Gaspé Peninsula project in a deal wherein the pension fund will lend C$150 million ($114.88 million) to the venture. https://tgam.ca/2xUEMuM

** Acacia Mining ACAA.L is facing a new threat to its African gold-mining operations, as it pushes for a higher takeover offer from parent company Barrick Gold ABX.TO in which a directive from Tanzania's environment regulator threatens to cripple production at the mine, which accounted for about two-thirds of Acacia's gold output last year. https://tgam.ca/2xTY4k2

** A joint venture led by Chevron Corp (NYSE:CVX) CVX.N is proposing to rely on two energy plays in British Columbia and Alberta to help supply an export terminal for liquefied natural gas on the West Coast. https://tgam.ca/2xVaYOB

NATIONAL POST

** Massachusetts-based Curaleaf Holdings Inc CURA.CD strengthened its bid to become the leading U.S. cannabis player on Wednesday with the $825 million acquisition of the privately held GR Companies Inc. ($1 = 1.3057 Canadian dollars)

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.