August 25, 2017 / 10:42 AM / in a year

PRESS DIGEST- Canada-August 25

Aug 25 (Reuters) - The following are the top stories from select Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy.


** Former clients are suing wealth management firm Richardson GMP and two of its advisers, alleging code-of-conduct violations and negligence led to heavy investment losses, in the second lawsuit targeting the dealer's Calgary office after a C$50-million ($39.98 million) action.

** Senator Mike Duffy is suing the federal government for nearly C$8-million, saying the Senate and the RCMP unjustly made him a scapegoat in the politically damaging Senate spending scandal.


** Canadian Imperial Bank of Commerce executives sought to reassure analysts Thursday that a growing mortgage book won't translate into problems as policy and regulatory changes aim to take the wind out of Canada's hot housing market.

** CAE Inc , which provides training and simulation for civil aviation and defence markets, has bought AirAsia's stake in its joint-venture for $100-million, giving it full control over several training centres scattered across southeast Asia.

$1 = 1.2507 Canadian dollars Compiled by Bengaluru newsroom

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