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PRESS DIGEST-Canada - Dec. 15

Published 2020-12-15, 08:03 a/m
© Reuters.

Dec 15 (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

** Hydro Québec, one of Canada's largest and most interconnected power producers, has rejected the federal government's offer of subsidies to fund new links between provincial power grids. https://tgam.ca/3gON6ln

** Several of Canada's Big Six banks are pushing back against an Ontario task force recommendation that would make it harder and more expensive for them to bundle commercial loans with debt and equity underwriting services. https://tgam.ca/3gPwoCH

** McKinsey & Co Inc will not say whether Dominic Barton, former global managing partner, now Canadian ambassador to China was aware that the company had a role in advising Purdue Pharma LP how to boost sales of OxyContin and other highly addictive drugs when he was head of the firm. https://tgam.ca/37l07jv

** Winnipeg-based group benefits provider People Corp is selling itself to a division of Goldman Sachs Group Inc (NYSE:GS) GS.N for $1.13 billion in cash, extending an unusual run of billion-dollar sales for companies outside of Canada's major tech hubs. https://tgam.ca/3gOseuE

NATIONAL POST

** Canada's Communications Security Establishment, a digital spy agency is urging domestic firms to immediately install a "hotfix" for SolarWinds Corp's SWI.N Orion IT management system that was used in a massive data breach that compromised several American government agencies, including the U.S. Treasury and Commerce departments. https:// Irked by recent decisions by CBC/Radio-Canada management, a Canadian senator plans to push for legislative changes that would ban the use of branded content by the public broadcaster. https://

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