Canada - Jan 21
Jan 21 (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
Demand for Ottawa's hiring subsidy program for employers has been anemic, with less than a fifth of budgeted funds allocated between June and mid-October last year according to the data released to The Globe and Mail. Link
François-Philippe Champagne, the federal Minister of Innovation, Science and Industry, will go before a federal committee as early as next week and answer questions about why Prime Minister Justin Trudeau's government is allowing the acquisition of Canadian firm Neo Lithium Corp NLC.V by a state-owned Chinese mining company without conducting a formal security review. Link
Canadian net purchases of foreign investments totalled C$144.4 billion ($115.26 billion), nearly double the previous record set in 2006, according to the latest Statistics Canada data. Link
Canada's largest banks escaped the pandemic with record stockpiles of excess capital and some analysts believe they are poised to benefit anew from rising interest rates as the economy improves. Link
($1 = 1.2528 Canadian dollars) (Compiled by Bengaluru newsroom)
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