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PRESS DIGEST-Canada - May 5
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PRESS DIGEST-Canada - May 5
May 26, 2025 1:10 AM

May 5 (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

Dallas-based Sunoco ( SUN ) made a friendly takeover bid

for Parkland early Monday worth $9.1-billion, including

debt, potentially ending the Calgary-based fuel distributor's

boardroom battle with its largest shareholder.

The federal government is implementing a new online payment

regime for duties and taxes on commercial goods entering Canada.

Known as CARM, which stands for Canada Border Service Agency

Assessment and Revenue Management.

Prime Minister Mark Carney has pledged $25 billion in loans

and $1 billion in equity financing for factory-built housing

firms, alongside bulk federal orders to boost the nascent

industry.

(Compiled by Bengaluru newsroom)

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