PRESS DIGEST-Canada - January 8

Reuters01-08

PRESS DIGEST-Canada - January 8

Jan 8 (Reuters) - The following are the top stories from Canadian newspaper Globe and Mail. Reuters has not verified these stories and does not vouch for their accuracy.

THE GLOBE AND MAIL

- Telus T.TO has engaged TD Securities and Jefferies Securities as financial advisers for the "near-term" monetization of its healthcare technology division, Telus Health, in a step toward a long-awaited deal that could help the company deleverage its balance sheet and fund growth.

- Ottawa has asked the governments of South Korea and Germany, two countries with companies bidding to build the Canadian navy’s next submarine, to facilitate auto industry production pledges in Canada as part of the pitches.

- New West Data, a Calgary-based company that uses stranded oil and gas assets to power its own bitcoin mines, said Alberta's enthusiasm for new investment in data centres can play a role in solving some of the province's worries around old wells.

(Compiled by Bengaluru newsroom)

((globalnewsmonitoring@thomsonreuters.com))

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