PRESS DIGEST- Canada - Sept 17

Thu Sep 17, 2015 7:23am EDT
 
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Sept 17 (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 dispute between United States Steel Corp and its stakeholders over the future of U.S. Steel Canada Inc has been sent to mediation by the Ontario Superior Court judge overseeing the Canadian unit's restructuring. The mediation will also address a business plan for the Canadian unit, its potential sale and the shift of production of high value-added steel to the U.S. (bit.ly/1LiB13K)

** As Quebecor Inc prepares to ramp up investment in its data centre business, Chief Financial Officer JeanFrançois Pruneau told an investor conference in Montreal on Wednesday the company is not considering "building a new wireless network from scratch in the rest of Canada." (bit.ly/1LiBDq3)

** Canada Pension Plan Investment Board is taking an 18 percent stake in Entertainment One Ltd, pledging to help the media company succeed in its bold global ambitions. The investment is valued at 142.4 million pounds ($221.15 million) (bit.ly/1LiBSla)   Continued...