Company News

PRESS DIGEST- Canada-Oct 11

Oct 11 (Reuters) - The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy.


The U.S. Treasury Department imposed sanctions on South Africa's Gupta brothers, describing them as "a significant corruption network" that used bribery and inflated contracts to steal money and wield illicit influence over the South African government.

Canada's investment-industry regulator said firms must stop inserting clauses in their contracts with investors that limit the firms' liability for losses even in cases where the firm's employees have broken rules and recommended unsuitable investments, in a guidance note issued on Thursday.


Even if Canadian federal and provincial governments increase their carbon taxes to $75 a tonne they will fall far short of reaching greenhouse gas emission targets, according to a new report by the International Monetary Fund.

Canadian Prime Minister Justin Trudeau said his government has done more than any other government in the "history of the country to protect the environment and fight climate change" in the final French-language debate on Thursday. (Compiled by Bengaluru newsroom)