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PRESS DIGEST-Canada - Dec. 17

Published 2020-12-17, 07:14 a/m
© Reuters.

Dec 17 (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

** Canada's federal government has approved design changes to the Boeing (NYSE:BA) Co's BA.N 737 Max that will allow the plane to fly again in Canada after it was banned around the world last year following two deadly crashes. https://tgam.ca/3alPvmu

** A strong Canadian hydrogen sector will require between C$5 billion ($3.94 billion) and C$7 billion in public and private investment over the next five years and will largely rely on hydrogen derived from the country's vast natural gas reserves, according to a new federal government strategy. https://tgam.ca/2Wl8plh

** Coca-Cola (NYSE:KO) Canada Bottling Ltd is spending C$36 million to expand its facilities and produce beverages such as iced tea and energy drinks in Ontario, rather than the U.S., as part of a strategy to win consumers who want to buy local. https://tgam.ca/387hO5q

** Telemedicine startup MindBeacon Holdings Inc has increased the size of its planned initial public offering by 20%, plans to raise C$50 million by selling an as-yet undetermined number of shares for between C$7 and C$8 each. https://tgam.ca/37rlQX0

NATIONAL POST

** Two trading platform subsidiaries of financial data and technology company Bloomberg L.P. are seeking to settle Ontario Securities Commission allegations that they operated in Canada without proper authorization and failed to provide candid, accurate and complete information to regulators. https:// ($1 = 1.2702 Canadian dollars)

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