September 6, 2018 / 10:33 AM / a year ago

PRESS DIGEST- Canada-Sept 6

Sept 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.


** Canada's Oxford Properties Group is battling private-equity giant Blackstone Group LP for control of major Australian office landlord Investa Office Fund as the Canadian pension fund seeks commercial real estate in Sydney and Melbourne.

** Prime Minister Justin Trudeau has warned Albertans against expecting short-term legislative fixes to get the Trans Mountain oil pipeline expansion back on track, saying his government needs to fully address environmental and First Nations issues raised in a recent court of appeal decision.

** China's Zijin Mining Group Co Ltd is set to acquire Canadian base-metals miner Nevsun Resources Ltd for C$1.9 billion ($1.44 billion), trumping Lundin Mining Corp's hostile offer in the biggest takeover in the domestic mining sector this year.


** Canada's central bank left its official borrowing rate unchanged at 1.5 percent on Wednesday, stating in the announcement that officials will monitor closely the course of the NAFTA negotiations and other trade policy developments, and its impact on the inflation outlook.

$1 = C$1.32 Compiled by Bengaluru newsroom

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