March 16, 2017 / 11:57 AM / in a year

PRESS DIGEST- Canada - March 16

March 16 (Reuters) - The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy.


** Sobeys Inc has let down its customers in its product offerings and marketing, but the grocer is racing to improve operations, cut costs and win back shoppers, especially those in Western Canada who abandoned Safeway stores, its new leader said.

** Parka maker Canada Goose Holdings Inc said it would raise C$340 million ($255.31 million) in an initial public offering, becoming the third Canadian consumer brand to go public since last October. The Toronto-based firm said it would sell 20 million subordinate voting shares for C$17 each, pricing them above its expected C$14-C$16 range.

** Back at the helm of Quebecor Inc, Pierre Karl Peladeau said he had no plans to lead the company in a new direction, and would continue to follow a strategy based on media content complementing its much faster-growing telecom business.


** The Financial Consumer Agency of Canada will scrutinize sales practices at the country's banks in the wake of news reports containing allegations of aggressive and unethical sales tactics.

** Canada's federal privacy commissioner has launched an investigation into the Canada Border Services Agency's practice of searching the electronic devices of travelers at the border.

$1 = 1.3317 Canadian dollars Compiled by Rama Venkat Raman in Bengaluru

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