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PRESS DIGEST-Canada - July 8

ReutersJul 8, 2025 11:59 AM

- 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

PwC, the receiver for Bridging Finance, is suing Ernst & Young for damages worth $1.4 billion, for failing to catch signs of fraud being perpetrated at the failed lender.

Prime Minister Mark Carney is eager to lift U.S tariffs before the end of the month, but Canadian businesses are diversifying by launching overseas operations and finding financing to enter new export markets.

Ontario and Alberta intend to work together to build new oil pipelines, rail lines and other trade infrastructure between the two provinces.

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