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PRESS DIGEST-Canada - Nov. 18

Published 2020-11-18, 06:43 a/m
© Reuters.

Nov 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

Beacon Hall Golf Club in Aurora, Ontario, told members on Monday that an unnamed real estate developer offered to buy the 200-acre property for C$250-million ($191.26 million). https://tgam.ca/2IFBhSa

Canada's biggest patent holder, BlackBerry Ltd BB.TO , is looking to unload most of its intellectual property in a deal that could mark another turning point for the fallen former smartphone giant. https://tgam.ca/2ICyj0L

A former master grower for cannabis grower WeedMD Inc WMD.V tipped off an investment adviser with inside information about a major production expansion two weeks before the deal was announced, the Ontario Securities Commission has alleged.

NATIONAL POST

TC Energy Corp TRP.TO hopes to build support for its often-challenged, long-delayed Keystone XL pipeline with a $1-billion Indigenous minority stake announced Tuesday, which the company says is the first of many such investments to come across North America in the heavy oil project. https:// Heinz Co KHC.O is planning to make ketchup in Canada again, six years after its controversial exit from Ontario's tomato belt pushed some shoppers to lash out and switch brands. https:// Canadian households and businesses have accumulated a minimum of C$170 billion ($130.06 billion) in excess cash throughout COVID-19 and are currently sitting on the largest cash hoard in recorded history, according to CIBC. https:// ($1 = 1.3071 Canadian dollars)

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