Company News

PRESS DIGEST- Canada-Sept 3

Sept 3 (Reuters) - The following are the top stories from select Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy.


** Global investment manager Capital Group has hired former Sun Life Financial executive Rick Headrick as president of its Canadian operations.

** CannTrust Holdings Inc is likely to be dropped from Canada's benchmark stock index this month, the latest setback for a company that was rocked this summer by a Health Canada investigation into unlicensed cannabis production and subsequent executive departures.

** Air Canada has filed a challenge with federal regulators to Onex Corp's takeover of WestJet Airlines Ltd, arguing that the deal could give foreign investors majority ownership of the Calgary-based airline, in violation of Ottawa's rules. (Compiled by Bengaluru newsroom)