March 30, 2017 / 10:42 AM / in a year

PRESS DIGEST-Canada - March 30

March 30 (Reuters) - The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy.


** Cenovus Energy Inc is bulking up in a C$17.7 billion ($13.3 billion) deal to more than double its production as the repatriation of Canada's oil sands winnows control of the resource to a handful of domestic players.

** Bombardier Inc said its new Global 7000 luxury jet brushed the speed of sound as it confirmed testing for the new airplane remains on track for a planned entry into service in the second half of 2018.

** Former Torys LLP lawyers Beth DeMerchant and Darren Sukonick are suing the Law Society of Upper Canada for damages totalling C$22 million, alleging the regulatory body was malicious in its prosecution of them over alleged errors in their work for Hollinger Inc more than 15 years ago.


** Britain has officially filed for divorce from the European Union, but Canadian companies with a footprint in the UK still face a lengthy period of uncertainty as the details of the split are sorted out.

** TransCanada Corp lost its go-to guy on tough pipeline projects with the surprise retirement of its 51-year-old chief operating officer, Alex Pourbaix.

** Canadians will be able to invest in a basket of marijuana companies when the first marijuana exchange-traded fund launches next week, helping investors diversify their exposure to the volatile and frothy sector.

** The Ontario Teachers' Pension Plan is continuing to hunt for deals in the United Kingdom, even as concrete steps were taken Wednesday to extricate Britain from the European Union. ($1 = 1.3340 Canadian dollars) (Compiled by Shalini Nagarajan in Bengaluru)

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