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MARKETS LIVE BLOG:

S&P 500 HOLDS NEAR RECORD AS U.S. JOBS DATA SHOW MORE COOLING

Unemployment rate unexpectedly rose slightly to 4.1%, the highest level since November 2021

PRESS DIGEST-Canada - Feb. 28

Reuters
·1 min read

Feb 28 (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

Toronto-Dominion Bank has agreed to pay US$1.21-billion to settle a lawsuit from investors accusing it of contributing to one of the world's largest Ponzi schemes.

Porter Aviation Holdings Inc said on Monday it struck a partnership agreement with Montreal Saint-Hubert Airport to develop a new nine-gate terminal at the South Shore airfield with capacity for more than four million passengers annually.

NATIONAL POST

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Federal Conservatives in Canada say all caucus members, including leader Pierre Poilievre, will suspend their TikTok accounts since the federal government decided to ban the social media platform from all public service mobile devices.

Drugmaker AstraZeneca is making a $500-million investment in Canada and adding up to 500 new jobs at its Mississauga, Ontario facility. (Compiled by Bengaluru newsroom)