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Company News

PRESS DIGEST- Canada- May 29

May 29 (Reuters) - The following are the top stories from selected Canadian newspaper The Globe and Mail. Reuters has not verified these stories and does not vouch for their accuracy.

THE GLOBE AND MAIL

** Canadian government has significantly increased the projected cost of the Canada Emergency Response Benefit while scaling back estimates for wage subsidies, the Department of Finance said Thursday. tgam.ca/2B85vsE

** U.S.-based consultancy Boston Consulting Group is advising Prime Minister Justin Trudeau's cabinet on how Canada could emerge from its COVID-19 lockdown, as a number of federal ministers get involved in early discussions around an economic recovery strategy. tgam.ca/2ZNOoqw

** Toronto-based fund manager Canso Investment Counsel Ltd is lending $50 million to NordStar Capital for the planned takeover of Torstar Corp. tgam.ca/3gFRvXF (Compiled by Bengaluru newsroom)

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