Press digest-Canada - November 13
RY•A Canadian newspaper digest reported that Royal Bank of Canada cut climate-related finance and sustainability positions in a restructuring. Industry Minister Mélanie Joly said Stellantis has 30 days to reverse the sale of its Brampton plant or face a court action to recover federal funds advanced for its refit.
1. Canadian newspaper headlines
The Globe and Mail reported that Royal Bank of Canada cut several climate-related finance and sustainability positions, splitting the work between its finance department and a new public policy unit led from Washington. Industry Minister Mélanie Joly said Stellantis has 30 days to reverse the sale of its auto plant in Brampton, Ontario, or the federal government will take it to court to recoup money advanced to refit the factory. Flooding worsened along British Columbia’s South Coast as heavy rain continued.
