March 1, 2018 / 12:01 PM / 3 months ago

PRESS DIGEST-Canada-March 1

March 1 (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 chairman and another director of Maricann Group Inc have resigned, with a third facing a probe of his stock sales, after the Ontario Securities Commission inquired about trading activity at the marijuana producer. tgam.ca/2F0NIok

** The Ontario government declared its first foray into international carbon markets to be a success on Wednesday after an auction of allowances raised C$471 million ($366.6 million)that will be funneled into programs aimed at reducing greenhouse gas emissions in the province. tgam.ca/2FH49DA

** The federal budget released on Tuesday proposed rewriting the Bank Act to give provincially regulated financial institutions like credit unions "flexibility to use generic bank terms," overriding new rules proposed by Canada's banking regulator. tgam.ca/2tcOuJJ

NATIONAL POST

** Problematic mortgages loomed over Laurentian Bank of Canada's first-quarter earnings on Wednesday, but the Montreal-based lender said it was making headway in resolving the situation. bit.ly/2EZstTY

$1 = 1.2847 Canadian dollars Compiled by Bengaluru newsroom

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