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PRESS DIGEST-Canada - Dec 4

Reuters2025-12-04

PRESS DIGEST-Canada - Dec 4

Dec 4 - 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

** Hims & Hers Health HIMS.N, one of the largest U.S. telehealth providers, is entering the Canadian market with the acquisition of Montreal-based Livewell on Thursday and expects to ride the wave of exploding demand for the generic weight-loss drug semaglutide when it becomes available.

** Mohammad Kamal, a spokesperson for Treasury Board President Shafqat Ali, confirmed letters have been sent to around 68,000 public servants this week to inform them about early-retirement incentives as part of Ottawa's push to shrink the size of the federal government.

** Foreign Affairs Minister Anita Anand wouldn't say Wednesday whether Canada would block the export of Ontario-made armoured vehicles for use by U.S. Immigration and Customs Enforcement.

NATIONAL POST

** Canada's EQ Bank EQB.TO, the parent of Equitable Bank, announced on Wednesday the acquisition of PC Financial from Loblaw Cos. L.TO in a deal valued at $800 million that propels the digital challenger bank into the credit card market.

(Compiled by Bercelona newsroom)

((globalnewsmonitoring@thomsonreuters.com))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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