PRESS DIGEST-Canada - July 4
July 4 (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 private-equity arm of Brookfield Asset Management BAM.TO has sold stakes worth $690 million in three of its portfolio companies to a new fund the company plans to launch later this year, building the base for a new strategy to attract high-net-worth investors.
** Alberta has settled with two of the companies suing the province, Evolve Power and Atrum Coal, for a combined $16 billion over the government's flip-flop on coal policy.
** Canada's financial crime watchdog has imposed a C$544,500 ($400,456) penalty on Canaccord Genuity CF.TO after finding failures in the investment dealer's anti-money-laundering controls.
($1 = 1.3597 Canadian dollars)
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