Company News

PRESS DIGEST- Canada-March 13

March 13 (Reuters) - The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy.


** Canada has not yet grounded the Boeing Co's 737 Max plane despite at least 40 countries across Europe and Asia banning the jet after two deadly crashes in five months.

** Boeing Co, whose new 737 Max 8 aircraft is being grounded by national regulators around the world, is conducting test flights of the plane in the Seattle area and on the West Coast.

** Royal Bank of Canada has struck a joint venture with British Columbia Investment Management Corp to launch a new fund catering to institutional clients with a growing appetite for investing in commercial real estate.


** TransCanada Corp has asked the U.S. Ninth Circuit Court of Appeals to lift an injunction on its Keystone XL pipeline by the end of this week, as it approaches an internal deadline to begin construction this year on the US$8-billion project.

** Bermuda-based Validus Reinsurance Ltd, whose parent company was bought by American International Group Inc last year, is eyeing a Canadian branch, according to notices given in the Canada Gazette. (Compiled by Bengaluru newsroom)