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PRESS DIGEST-Canada - Nov 13

Published 2020-11-13, 07:07 a/m
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Nov 13 (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 criminal fraud investigation has been launched into an Ontario COVID-19 relief program designed to help families with young kids and children with special needs. (https://tgam.ca/36ACaD8)

** Canada's three biggest pension plans have confirmed they will back Intact Financial Corp 's IFC.TO global expansion plans by agreeing to purchase C$3.2 billion ($2.4 billion) of the insurer's shares as part of a major takeover. (https://tgam.ca/35seOAD)

** Brookfield Asset Management Corp is making an even larger bet on its insurance holdings with the launch of a new company next year tied to the growing business. (https://tgam.ca/2IDECAs)

NATIONAL POST

** Loblaw Companies Ltd L.TO , the largest supermarket and pharmacy chain in Canada, is raising its shareholder dividends after making big gains in sales and online grocery orders during its third quarter. (https:// = 1.3130 Canadian dollars)

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