Skip to main content

Signage for Home Trust Co., a subsidiary of Home Capital Group Inc., stands outside the company's headquarters in Toronto, on Thursday, May 4, 2017.Cole Burston/Bloomberg

Catalyst Capital joins line of Home Capital suitors

Private equity fund Catalyst Capital Group Inc. has joined the growing line of suitors for mortgage lender Home Capital Group Inc. with a plan to recapitalize the struggling firm. Willis Story

Club Monaco's Mimran backs reverse takeover of vintage retailer LXR

Joe Mimran, an iconic name in fashion and the creative force behind Joe Fresh and Club Monaco, has now turned his attention to pricey used handbags. Strauss Story

Eight Capital switches CEOs after failed cannabis deal

Investment dealer Eight Capital has replaced its chief executive officer in the wake of a failed and controversial transaction for marijuana financier Cannabis Wheaton Income Fund Corp. Willis/McGee Story

MedReleaf's buzz dissipates as stock tumbles in TSX debut

Shares of medical-marijuana producer MedReleaf Corp. tanked Wednesday in its stock market debut amid concerns about lofty valuations in the sector. McGee Story

This is the daily Streetwise newsletter with headlines chosen by Globe financial services editor Rita Trichur. If you're reading this on the Web or someone forwarded this e-mail newsletter to you, you can sign up for the Streetwise newsletter and all Globe newsletters here.

Charyl Galpin named first female chair of the IIAC

A female executive will be taking the helm for the first time as chair at the Investment Industry Association of Canada. O'Hara Story

Cannabis Wheaton lights up new financing deal

Marijuana financier Cannabis Wheaton Income Corp. hired a new investment dealer Tuesday to raise $50-million for the company, resurrecting a much-watched deal that features the company's lawyer and former bankers as significant personal shareholders. Willis Story

Canadian market sees influx of foreign bonds

Foreign companies are selling debt into the Canadian bond market at levels not seen since 2007, with $4.85-billion worth of maples sold in May alone. AT&T Inc. rounded out the month with a $1.35-billion dual tranche offering on May 17. That followed significant bond issues in Canadian currency from United Parcel Service Inc., Anheuser-Busch Inbev Finance Inc. and PepsiCo Inc. Rendell Story

2017 Canada PE & VC breakdown: Part I

Over recent years, the Canadian private equity and venture capital industries followed much the same pattern as worldwide markets. The number of completed deals and exits declined, while fundraising figures stayed strong relative to historical figures. Story

McRock Capital's Whitney Rockley becomes CVCA's first female chair

Whitney Rockley, co-founder and managing partner of McRock Capital, has been named the new chair of the Canadian Venture Capital & Private Equity Association (CVCA). Story

Report an editorial error

Report a technical issue

Editorial code of conduct

Tickers mentioned in this story

Study and track financial data on any traded entity: click to open the full quote page. Data updated as of 16/04/24 4:10pm EDT.

SymbolName% changeLast
RL-N
Ralph Lauren Corp
+0.46%160.89
UPS-N
United Parcel Service
-1.35%142.89
T-N
AT&T Inc
-0.92%16.09

Interact with The Globe