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PRESS DIGEST-Canada - Feb 4

ReutersFeb 4, 2025 2:33 PM

- 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

** National Bank of Canada CEO Laurent Ferreira has accelerated the Montreal lender's reach into the Western provinces, taking over Canadian Western Bank and combining two financial institutions that have always been in the "fight for business."

** Canada's telecom regulator has upheld its temporary decision to allow incumbents to resell internet service over each other's fibre networks, but said it could change course in its final review this summer.

** As the U.S.-Canada trade war escalates, Royal Bank of Canada RY.TO CEO Dave McKay is calling for a reduction of barriers to economic growth within Canada and consideration of financial supports to help businesses and consumers weather the hit from tariffs.

** Beverage manufacturer, Joriki, linked to a deadly listeria outbreak in Canada this summer was struggling financially before a major recall of plant-based milks shut down its largest facility, new court filings show.

($1 = 1.4400 Canadian dollars)

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