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PRESS DIGEST-Canada - May 31

Published 2018-05-31, 06:46 a/m
© Reuters.  PRESS DIGEST-Canada - May 31
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May 31 (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

Malaysia's state-owned Petroliam Nasional Bhd will buy a 25-per-cent stake in a B.C. liquefied natural project led by Royal Dutch Shell PLC RDSa.L , a move designed to strengthen the C$40 billion ($31.21 billion) proposal and bolster Canadian energy exports. (https://tgam.ca/2J1u09Z)

Canada Goose GOOS.TO is accelerating its push into China with the launch of two brick and mortar stores and an e-commerce site this fall, betting on a growing market for its pricey made-in-Canada parkas. (https://tgam.ca/2JiEJ3i)

Nemaska Lithium Inc NMX.TO , a Quebec-based miner and developer of lithium salts, has raised C$1.1 billion ($856.70 million) from investors as it aims to respond to surging demand for the metal used in electric vehicles and cellphone batteries. (https://tgam.ca/2LJOCW4)

NATIONAL POST

Canadian steel and aluminum producers are hoping for another exemption from U.S. President Donald Trump's tariffs as the strain of operating under the ongoing threat of levies takes a toll on the industry.

Canada has imposed new sanctions on Venezuela in the wake of recommendations that the country's president Nicolas Maduro and his regime be referred to the International Criminal Court for crimes against humanity.

($1 = C$1.28)

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