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PRESS DIGEST-Canada - Aug. 27

Published 2020-08-27, 08:37 a/m
© Reuters.

Aug 27 (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

** A long-time BlackBerry Ltd BB.TO minority shareholder has asked regulators to require shareholder approval of a debt refinancing that he says could allow Prem Watsa's Fairfax Financial Holdings Ltd FFH.TO to gain a controlling stake of the company. https://tgam.ca/31xH8Q1

** Rebounding third-quarter profits at Royal Bank of Canada RY.TO and National Bank of Canada NA.TO nearly reached prepandemic levels, though the chief executives of both lenders warned there are likely more trying times ahead as relief programs for consumers and businesses wind down. https://tgam.ca/3hzFGlB

** Industry groups representing food producers, as well as thousands of small retailers, criticized “distorted market practices” in the Canadian grocery industry on Wednesday as they repeated calls for the federal government to create a code of conduct to oversee relationships between retailers and suppliers. https://tgam.ca/2QtvkI3

NATIONAL POST

** Restaurant owners issued a stark warning to federal policymakers on Wednesday, saying that more than half of all Canadian eateries could go out of business in the next three months as the pandemic continues to discourage people from dining out. https://

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