August 9, 2018 / 11:40 AM / a year ago

PRESS DIGEST - Canada - Aug 9

Aug 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.


** GMP Capital Inc is trimming staff at its Canadian capital markets business amid a slowdown in merger and acquisition activity and equity-raising by energy companies. (

** RioCan, one of Canada's largest retail landlords, is aiming to benefit from what its top executive calls the marijuana "gold rush". Edward Sonshine, chief executive officer of RioCan Real Estate Investment Trust, said on Wednesday that the company is well positioned ahead of the legalization of recreational cannabis on Oct. 17. (

** Alberta's energy watchdog is seeking broader powers over corporate takeovers after the bankruptcy of a private Chinese natural-gas producer exposed gaps in provincial regulations, its Chief Executive Officer Jim Ellis said. (


** New condominium buyers deterred by soaring Toronto prices are apparently venturing further afield to Hamilton, Kitchener and Waterloo, which offer more bang for their buck and the promise of new transit links that will improve accessibility. ( (Compiled by Bengaluru newsroom)

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