Press Digest: Canada - March 5

Falcon Energy Materials

05/03/2024 12:16

March 5 (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
    ** Canadian Industry Minister François-Philippe Champagne is
challenging the legitimacy of SRG Mining Inc's  SRG.V  plan to
relocate to the Middle East, a move it has said will allow it to
skirt a national security review related to a proposed financing
deal with a Chinese buyer.
    
    ** The Body Shop Canada Ltd. is accusing its U.K.-based
parent company of “improper” management of its funds, leading to
a liquidity crisis, the closing of nearly one-third of its
stores and the loss of more than 200 jobs in Canada, according
to court documents.

    ** Greater Toronto area home sales fell in February from
January, snapping two straight months of gains, while prices
increased, keeping a housing market resurgence in check amid
high borrowing costs, data showed on Tuesday.     
  

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