PRESS DIGEST-Canada - May 5
BlackRock, Inc. BLK | 0.00 |
May 5 (Reuters) - The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy.
THE GLOBE AND MAIL
** Canada's Prime Minister Mark Carney is set to appoint a new governor general on Tuesday to replace Mary Simon, his first such move since taking office, amid pressure to select a French-speaking candidate.
** The world's largest asset manager, BlackRock BLK.N, has appointed Katherine Tweedie to lead its Canadian business.
** Toronto home sales rose 6% in April, marking a second straight monthly increase as lower home prices and borrowing costs drew buyers, data from the Toronto Regional Real Estate Board showed.
** Disclosures indicate Canada Health Infoway spent upwards of $400,000 on executive travel and committed $23 million to consultants over a period of under three years, as MPs investigate its failed $300 million e-prescription project.
NATIONAL POST
** Canada's industry minister Melanie Joly said the government would rely on United Nations findings on alleged forced labour in China, sidestepping a direct answer on the issue as she faced questions from lawmakers.
** Canada's oilsands sector has seen capital investment drop by almost 50% over the past decade, an industry group said, cautioning that sluggish progress is hampering efforts to increase oil output.
