Company News

PRESS DIGEST- Canada - Aug 16

Aug 16 (Reuters) - The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy.


** Bank of Montreal chairman Robert Prichard is defending his involvement in the political and legal fracas over SNC-Lavalin Group Inc, saying he informed the bank he was joining the team at a Bay Street law firm that was hired to give advice to the engineering company.

** Nudge Rewards Inc, a Toronto startup that connects restaurant, retail and hospitality companies to front-line employees through their smartphones, has raised C$11-million in venture capital.

** Enbridge Inc's Line 5 pipeline tunnel agreement with the previous state government is unconstitutional, Michigan maintained in its latest response in the continuing court battle over the Calgary-based company's crude oil pipeline through the Straits of Mackinac. (Compiled by Bengaluru newsroom)