PRESS DIGEST-Canada -January 16

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

- Ottawa will investup to $65 million in lithium processor Mangrove Water Technologies as a part of a broader effort to strengthen Canada's critical minerals industry and reduce reliance on China.

- Bombardier BBDb.TO plans to spendroughly $100 million on a new Montreal factory, boosting manufacturing capacity amid robust demand for its jets.

- Canada and China have struck an initial trade deal that will slash tariffs on electric vehicles and canola, Prime Minister Mark Carney said, as both nations promised to tear down trade barriers while forging new strategic ties.

NATIONAL POST

- Canada Rocket Company, a startup set to be launched on Friday, said it plans to soon become the first Canadian company to have the capacity to launch medium-payload satellites in space.