Press Digest: Canada - Feb 26

Falcon Energy Materials

26/02/2024 16:12

Feb 26 (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 SRG Mining  SRG.V  is planning on moving to the
Middle East to skirt a Canadian national security review into a
key financing deal with China-based Carbon ONE New Energy Group
Co (C-One).
    
    ** Uncertainty over government electricity policies and the
energy transition are spooking the market, driving an
undervaluation of Calgary-based independent power producer
TransAlta  TA.TO , the company's chief executive said.

    ** Avison Young's chief executive says it did not default on
debt payments and that its lenders have agreed to forgive more
than half the amount owed after a top credit-rating agency
downgraded the major commercial real-estate firm.

 (Compiled by Bengaluru newsroom)
 ((globalnewsmonitoring@thomsonreuters.com))