May 9, 2018 / 10:36 AM / a year ago

PRESS DIGEST- Canada- May 9

May 9 (Reuters) - The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy.


** WestJet Airlines Ltd pilots have not even completed a strike vote yet, but the possibility of a labour disruption in less than two weeks has caused a drop in bookings, chief executive officer Ed Sims says.

** Royal Dutch Shell Plc and its banks have cashed in on one of precious few opportunities to unload a mountain of Canadian energy shares at a tidy profit. Shell's C$4.3 billion ($3.33 billion) secondary offering of Canadian Natural Resources Ltd stock was said on Tuesday to be placed mostly with institutional investors.

** With investors fretting about its future, Aimia Inc , the parent company of the popular Aeroplan rewards program, has quickly named Jeremy Rabe as new chief executive to cap off a tumultuous year.


** Cannabis sales could soon eclipse hard liquor sales in Canada, according to a new report by The Canadian Imperial Bank of Commerce analysts, with provincial governments, rather than private companies, expected to reap the most benefit.

** Quebecor Inc Chief Executive Pierre Karl Peladeau said on Tuesday his company will have "complete control over (its) destiny" after signing a C$1.69 billion deal to buy back the final chunk of its main subsidiary from the province's largest pension fund. ($1 = C$1.29) (Compiled by Bengaluru newsroom)

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