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PRESS DIGEST-Canada-Oct 31

Published 2017-10-31, 07:18 a/m
© Reuters.  PRESS DIGEST-Canada-Oct 31
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Oct 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

Melbourne-based John Holland Group Pty Ltd has won tenders over the past year to participate in A$23 billion ($17.6 billion) worth of work on large public infrastructure projects, and expects to hire 100 people monthly over the next 15 months.

Canada's brand-name pharmaceutical companies are pushing back against a plan to overhaul the country's drug-pricing regulator, saying they are keen to forge a compromise that would reduce prices, but not to a degree that could be "crippling" for the industry.

NATIONAL POST

Cenovus Energy Inc CVE.TO picked former TransCanada Corp TRP.TO chief operating officer Alex Pourbaix to be its new president and chief executive officer, prioritizing expertise in dealing with external challenges over knowing the nuts and bolts of the business.

company Constellation Brands Inc (NYSE:STZ) STZ.N is buying up to 20 percent of Canopy Growth Corp WEED.TO in a deal that lends legitimacy to Canada's fast-growing marijuana industry while potentially throwing open the door to additional investments in the sector by big international companies. ($1 = 1.3055 Australian dollars)

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