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PRESS DIGEST-Canada - May 28
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PRESS DIGEST-Canada - May 28
May 28, 2025 4:14 AM

May 28 (Reuters) - The following are the top stories

from The Globe and Mail. Reuters has not verified these stories

and does not vouch for their accuracy.

THE GLOBE AND MAIL

- Definity Financial ( DFYFF ) is set to acquire the Canadian

operations of U.S. insurance giant Travelers for

$3.3-billion, vaulting it into fourth place among property and

casualty insurers in Canada.

- Investment in Alberta's renewables sector has dropped off

significantly owing to unprecedented policy and regulatory

uncertainty, with the number of wind and solar projects in the

province's connection queue shrinking for the first time, a new

report has found.

- The executive chair of InterRent Real Estate Investment

Trust, Mike McGahan, is offering to acquire the

apartment owner for $2-billion with the backing of Singapore

sovereign wealth fund GIC.

(Compiled by Bengaluru newsroom)

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