The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

A stock photo of a corporate boardroom.
A stock photo of a corporate boardroom.
(Arpad Benedek/iStockphoto)

Difference Capital back to sparring with Benev Capital

Just when it appeared the tensions between investor Difference Capital Financial Inc. and Benev Capital Inc. had cooled, there’s yet another conflict over the management of the former contaminated soil processor that is trying to be a new kind of company.

Difference Capital, run by Michael Wekerle, is Benev’s largest shareholder with a stake of more than 28 per cent. It has been at odds with Benev since the company’s management began to move in a new direction following years of instability. The new plan involves using existing capital to buy royalties from Canadian businesses and franchisors.