PRESS DIGEST-Canada - Feb 6
ReutersFeb 6, 2025 1:54 PM
Feb 6 (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
Montreal textile manufacturing startup Sheertex is slashing 40% of its work force, blaming uncertainty over the threat of U.S. tariffs for exacerbating its already tenuous financial situation.
Lightspeed Commerce LSPD.TO has abandoned a potential sale process and will instead buy back $400 million worth of shares, equal to roughly 18% of its float.
Independent investment dealer Origin Merchant Partners is set to expand the services it offers to company founders by acquiring boutique advisory firm CCC Investment Banking.
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