December 9, 2016 / 10:49 AM / 2 years ago

PRESS DIGEST- Canada-Dec 9

Dec 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.


** Lightstream Resources Ltd, which has been under creditor protection, said a Calgary court has approved the sale of its oil and gas assets to a newly formed company.

** Canadian Imperial Bank of Commerce is widely expected to raise its $3.8-billion bid for a U.S. bank, and the question now is whether CIBC can close the ground-breaking deal without overpaying.


** Mayor John Tory visited the National Post editorial board Thursday to defend his plan to toll the Gardiner Expressway and Don Valley Parkway, putting the proceeds toward some C$33 billion ($25 billion) in approved-but-unfunded capital projects.

** The federal government is expecting a deluge of police requests for marijuana tests once cannabis is legalized and is concerned about whether Canada's shrinking number of forensic labs will be able to handle the surge. ($1 = C$1.32) (Compiled by Gaurika Juneja in Bengaluru)

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