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PRESS DIGEST-Canada - March 12

ReutersMar 12, 2026 11:20 AM

- 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

Canaccord Genuity conductedfor years trades for a Russian oligarch’s financial fixer to skirt sanctions, a foreign bank flagged for a high risk of facilitating tax evasion and fraudsters conducting pump-and-dump schemes.

NATIONAL POST

Canada's defence sector will get another boost after the Business Development Bank of Canada announced it is expanding its defence platform to C$6 billion ($4.42 billion) from C$4 billion after already financing C$91.7 million since it launched in December.

Canada's audit watchdog found "significant" problems with the work of all four major accounting firms that audit Canadian companies in an annual review that for the first time identified them by name including Deloitte LLP, Ernst & Young LLP, KPMG LLP and PricewaterhouseCoopers LLP.

($1 = 1.3589 Canadian dollars)

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