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PRESS DIGEST-Canada - Nov 6

Published 2020-11-06, 07:26 a/m
© Reuters.
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Nov 6 (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

** Intact Financial Corp IFC.TO is in talks to jointly acquire British insurer RSA Insurance Group PLC RSA.L for the equivalent of C$12.4-billion ($9.49 billion) in cash, marking a major international bet for the Canadian automobile and property insurer after a decade-long run of dominance in its home market. https://tgam.ca/353OxbG

** Carolyn Wilkins, the Bank of Canada's second-in-command, has decided to leave the bank in early December, five months before the end of her term. https://tgam.ca/355z3nv

NATIONAL POST

** General Motors (NYSE:GM) GM.N will invest close to C$1.3 billion to reopen its storied Oshawa plant, and heavy-duty trucks will begin rolling off the assembly line by 2022, according to a tentative agreement reached on Thursday with its major union, Unifor. https:// = 1.3067 Canadian dollars)

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