PRESS DIGEST-Canada - June 5

SpaceX

SpaceX

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- The following are the top stories from selected Canadian newspapers. Reuters has not verified all of these stories and does not vouch for their accuracy.



THE GLOBE AND MAIL

** Ontario Teachers' Pension Plan is sitting on a potential windfall of as much as $11-billion from an initial investment of about $300-million in Elon Musk's SpaceX SPCX.O , as the maker of rockets and artificial-intelligence tools prepares to go public next week.


** The federal government of Canada is delaying legislation that would bring sweeping changes to environmental assessments, after widespread backlash from climate and nature groups.


** The Manitoba government in Canada has agreed to pay $129-million to settle a landmark class action lawsuit that targeted the province's practice of putting incarcerated children in segregation jail cells.


NATIONAL POST


** Ottawa's budget watchdog's new economic outlook projects the Bank of Canada will hold its key interest rate steady through 2026 before gradually raising it to 2.75% by the end of next year.