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Here are the top reads on deals and financial services over the past 24 hours,

G7 investors group: Some of Canada’s largest pension funds and the Canadian government are drumming up international support to invest in issues of importance to the G7. The Caisse de dépôt et placement du Québec and Ontario Teachers’ Pension Plan will lead a group of global investors with a combined $6-trillion in assets under management in an effort to improve climate-related disclosures, boost women in finance and bolster expertise in infrastructure. Story (Jacqueline Nelson, for subscribers)


Trading: Bank of Nova Scotia is limiting lending by its ScotiaMocatta metals unit as it embarks on a radical restructuring likely to halve the size of the business, sources familiar with the matter said. Reuters


Mining sector: Nevsun Resources, a Canadian miner which has been approached regarding a takeover, should enter “good-faith negotiations with any suitor,” Adrian Day Asset Management, one of Nevsun’s top 10 shareholders, said in an open letter to the company’s board on Wednesday. Story

Debt offering: Twitter Inc. is celebrating its entry into the stock-market big leagues by selling US$1-billion of bonds in its second-ever debt offering. Story


Owning a major-league sports team has long been a rich-guy status symbol — but it hasn’t always been a sound investment. Just seven to ten years ago, almost none of the teams in the four major pro sports leagues generated positive cash flow. Institutional Investor


Canadian venture capital: Ritual Technologies Inc., an online ordering service that speeds up the coffee and lunch-run experience for big-city workers, has raised US$70-million in a financing led by Canadian venture capital firm Georgian Partners, as the Toronto startup looks to expand beyond North America. Story (Sean Silcoff, for subscribers)

Pension fund catches tech bug: OPSEU Pension Trust (OPTrust), which manages $20-billion in assets on behalf of 92,000-plus past and present Ontario government employees, has emerged as an anchor investor in Vancouver venture-capital firm Yaletown Partners’ new Innovation Growth Fund, committing $20-million toward its $200-million fundraising goal. Story (Sean Silcoff, for subscribers)

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