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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