June 15, 2018 / 11:22 AM / 4 months ago

PRESS DIGEST - Canada - June 15

June 15 (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

** Canadian boat makers say the U.S. tariffs on Canadian aluminum and steel will drive up manufacturing costs at the U.S. factories that supply the Canadian recreational boat and boat trailer market. The Canadian recreational boat industry says Ottawa's move to levy retaliatory tariffs on U.S. imports will drive up prices, hammer sales and cause layoffs. (tgam.ca/2tcbYvb)

** The enforcement branch of the Ontario Securities Commission targeted Caldwell Investment Management Ltd with possible fines and suspension on Thursday, alleging the mutual fund firm overcharged clients by directing trades to its wholly owned dealer when rival firms offered better prices. (tgam.ca/2MslGCs)

** Canadian Foreign Affairs Minister Chrystia Freeland and the Trump administration's trade chief have agreed to resume "intensive" NAFTA talks this summer as Canada looks for a way out of its burgeoning trade war with the United States. (tgam.ca/2JLFf6P)

NATIONAL POST

** The chief executive officer of Royal Bank of Canada says the lender managed to fend off apparent cyberattacks that bore a similarity to incidents reported by Bank of Montreal and Canadian Imperial Bank of Commerce's Simplii Financial. (bit.ly/2HSDC5x)

** The Government of Canada has ordered the federal telecom regulator to investigate Canada's largest telecommunications companies for high-pressure sales tactics, demanding a public inquiry into the issue after a series of media reports revealed "misleading and aggressive" practices. (bit.ly/2HOuZJb) (Compiled by Bengaluru newsroom)

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