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PRESS DIGEST- Canada-Oct 20

Published 2016-10-20, 06:27 a/m
© Reuters.  PRESS DIGEST- Canada-Oct 20
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Oct 20 (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

** The senior chairs keep shuffling inside Toronto-Dominion Bank, the latest being Tim Wiggin's return to TD Securities, where he will run its equities business.

Builders who have constructed "net-zero" houses are urging Ottawa to go slow with any proposal to change the building code to require super-energy-efficient buildings to ensure the rising costs don't add to Canada's housing affordability problems.

Auto parts giant Magna International Inc MG.TO has as of now scrapped plans to move out of its headquarters in Aurora, Ontario, to a new head office in nearby King City.

POST

** The head of Canada's central bank acknowledged that policymakers came close to the tipping point on Wednesday's interest rate decision.

Mountain Equipment Co-op is opening five of its cavernous outfitting stores this year, the most in a year since a group of outdoor enthusiasts founded it 45 years ago. Canexus Corp CUS.TO directors termed a hostile takeover offer as "inadequate", setting the stage for a long proxy fight with Chemtrade Logistics Income Fund CHE_u.TO .

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