August 27, 2018 / 10:58 AM / a year ago

PRESS DIGEST- Canada-Aug 27

Aug 27 (Reuters) - The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy.


** East River Oil and Gas Ltd is snapping up bankrupt Connacher Oil and Gas Ltd in a proposed transaction worth C$113.5 million ($86.9 million), bringing the junior oil-sands producer closer to the end of a court-supervised restructuring process that has dragged on for more than two years.

** The United States and Mexico are poised to resolve their bilateral trade differences as soon as Monday, creating an opening for Canada to rejoin NAFTA talks covering $1.2 trillion in annual trade.

** Canadian cyber-security companies are paying keen attention to an ongoing review of Ottawa's procurement process, anxious to see whether the review will help hasten the protracted system and make military contracts more accessible for small domestic cyber businesses.

$1 = C$1.31 Compiled by Bengaluru newsroom

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