PRESS DIGEST-Canada - April 2

April 2 (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

- Canada will not apply retaliatory tariffs on most U.S. food and basic goods that could raise living costs for Canadians, or on key components critical to preventing job cuts in major economic sectors, two federal trade advisers said.

- Toronto-based Kensington Capital Partners, a private equity and venture capital firm overseeing C$2.6 billion ($1.81 billion) in assets, will acquire the new funds and direct investments of Ottawa-based ONE9's venture capital business while absorbing its team.

- BCE Inc BCE.TO paid over C$5 million in bonuses to top executives, including nearly C$2.4 million to CEO Mirko Bibic, despite a 30% stock plunge, falling sales and profits, and the layoffs of 4,800 employees.

NATIONAL POST

- A bipartisan coalition of U.S. senators is poised to vote on a resolution contesting President Donald Trump's national security rationale for imposing tariffs on Canada.

($1 = 1.4326 Canadian dollars)