Company News

PRESS DIGEST- Canada-Aug 29

Aug 29 (Reuters) - The following are the top stories from select Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy.


** WSP Global Inc, the Canadian engineering firm working on many of the world's tallest skyscrapers, is buying U.S. environmental consulting firm Ecology and Environment Inc as it bulks up its expertise and headcount in a new growth push.

** National Energy Board, the Canadian energy regulator, says it will hear complaints from several of the country's biggest energy producers over Enbridge Inc's plan to switch to long-term contracts to ship crude oil on its Mainline pipeline system.


** Hudson's Bay Co announced a C$133 million ($100.19 million) deal to rid itself of the historic but flagging Lord & Taylor department store chain, with Le Tote, a San Francisco based clothing rental company, agreeing to take over operations of more than three dozen stores around the United States.

** Montreal-based National Bank of Canada plans to continue favouring Quebec in the coming year as the province's relatively hot economy likely has more room to run, the lender's Chief Executive Officer said. ($1 = 1.3275 Canadian dollars) (Compiled by Bengaluru newsroom)