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PRESS DIGEST-Canada - Feb 18

ReutersFeb 18, 2025 2:27 PM

- The following are the top stories from a selected Canadian newspaper. Reuters has not verified these stories and does not vouch for their accuracy.

THE GLOBE AND MAIL

** Federal Crown corporation Business Development Bank of Canada is recapitalizing its in-house growth equity investment program with C$950 million to back emerging domestic companies, citing the need to help entrepreneurs access capital amid a period of heightened economic uncertainty.

** Hydrostor, the Toronto-based energy-storage developer, has secured C$200 million in financing from Canada Growth Fund, Goldman Sachs and Canada Pension Plan Investment Board to push forward with projects planned for Australia, California and Eastern Ontario.

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