PRESS DIGEST- Canada-May 19
May 19 (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
** The Canada Pension Plan Investment Board is expected to announce the promotion of Mark Machin as its CEO on Thursday, alongside releasing annual results. Machin, 49, currently senior managing director and head of international and Asia at CPPIB, will take over from chief executive Mark Wiseman. (bit.ly/1NzOt6J)
** Essar Group, which paid C$1.85 billion ($1.41 billion) to buy Algoma Steel Inc in 2007, has been ruled out as a potential buyer of the company it put into creditor protection last November, sources familiar with the steel company's restructuring said. (bit.ly/1OBbUaE)
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