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PRESS DIGEST-Canada - March 16

· 03/16/2021 09:55
PRESS DIGEST-Canada - March 16

- The following are the top stories from Canadian newspaper The Globe And Mail. Reuters has not verified these stories and does not vouch for their accuracy.


** Inovia Capital, backer of some of the top Canadian digital companies of recent years, said it had secured US$450 million for its second "growth" equity fund. https://tgam.ca/2OZ9v5C

** Toronto's Peloton Capital Management and Stephen Smith, the founder and CEO of mortgage lender First National Financial Corp FN.TO, are buying Glass Lewis from Ontario Teachers' Pension Plan and Alberta Investment Management Corp (AIMCo). https://tgam.ca/3llH1iE

** GFL Environmental Inc GFL.TO is set to acquire Terrapure Environmental Ltd. for $927 million. https://tgam.ca/3rSAA9t

** Credit-card startup Brim Financial Inc has raised $25 million in a funding round led by Quebec-based Desjardins Group and U.S.-based Epic Ventures, with participation from investors including goeasy Ltd., White Owl Capital and Impression Ventures. https://tgam.ca/3lmGwVz

(Compiled by Bengaluru newsroom)