PRESS DIGEST-Canada - Dec 18
Dec 18 (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
** The turmoil now engulfing Gildan Activewear Inc was triggered by an ultimatum the clothing maker's former CEO gave to the board seeking its approval to do two to three multibillion-dollar acquisitions outside the company's core manufacturing business.
** Persistent drought conditions have forced BC Hydro to rely on costly energy imports this year for one-fifth of its domestic demand, while the Crown-owned utility has missed an opportunity to fill the Site C dam's reservoir this year, which could have mitigated the shortfall.
** A senior Alberta Health Services executive quit this past spring in protest of political interference by Premier Danielle Smith, according to his newly disclosed resignation letter, in which he accused her of quashing his organization's plan to hire the former chief medical officer of health to a position tied to Indigenous care.
(Compiled by Bengaluru newsroom)
