April 16 (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
- Honda Canada 7267.T has denied reports that it plans to move car production from its Alliston, Ontario plant to the U.S., stating that no changes are planned for the facility at this time.
- The U.S. has launched a national-security investigation into the pharmaceutical supply chain, potentially leading to tariffs on over $7 billion worth of Canadian pharmaceutical exports, which could disrupt supply chains and lead to drug shortages.
- Mountain Equipment Co. may have found a buyer for its struggling retail operations, as the federal Competition Bureau opened a merger review for a deal between TGI Holding Inc. and MEC Mountain Equipment Company Ltd, according to the website for the federal watchdog.
NATIONAL POST
- Telus Communications Inc. plans to build two AI-focused data centres in Quebec and British Columbia, powered by Nvidia NVDA.O GPUs, aiming to establish itself as a key player in Canada's AI infrastructure.
(Compiled by Bengaluru 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.