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A Bay street sign is seen in Toronto’s financial district.

Mark Blinch/The Globe and Mail

Liquidation: Like so many fallen companies, it was debt that sank Carillion PLC, the giant British construction concern that employs 6,000 Canadians. Story (Tim Kiladze, for subscribers)

Lawsuit: Canada's six biggest banks are facing a lawsuit filed with a New York court that alleges they conspired with three other global banking giants to rig a Canadian interest-rate benchmark and boost profits. Story (James Bradshaw, for subscribers)


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Pot deal: Shares of licensed marijuana producer Aphria Inc. surged more than 20 per cent Monday on news of a deal to buy B.C. based Broken Coast Cannabis Inc., a transaction it valued at $230-million in cash and stock. Story

Canadian venture watch: Alyssa Furtado, co-founder of the financial-technology company Ratehub Inc., strode with confidence on to the set of the CBC's Dragons' Den in mid-2016. Ratehub's growth was surging. Ms. Furtado offered the Dragons a tenth of the company: "Today I'm asking for a million dollars." Story (Dave Ebner)

Private acquisition: 9 Story Media Group Inc., a portfolio company of ZelnickMedia, has acquired Out of the Blue Enterprises. Private Capital Journal


Woodward: Regulators have imposed a lifetime ban on a former Calgary stockbroker at the centre of a mountain of legal action and fined him $500,000 for plowing money into risky stocks on behalf of dozens of clients, regardless of their tolerance for big losses. Story (Jeff Jones, for subscribers)


Pounding the table for attention: Dennis Ip knows no matter how good his stock calls are, it's hard to stand out among a sea of analysts. So he turned to K-pop. Bloomberg

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Euro venture watch: According to the Dow Jones VentureSource's 4Q'17 Europe Venture Capital released today, European startups raised $17.52-billion (U.S.) in 2017, up from $13.81-billion in 2016. The previous year had seen a 20.5 per cent drop from the $17.38-billion raised in 2015. VentureBeat

Round and round again: Leveraged buyouts – acquisitions made through debt rather than equity – were the "hottest financing game going" in 1986, when Institutional Investor's November cover story asked, "LBOs: How long can this go on?" It's a question investors are pondering once again. Institutional Investor


"Maybe people will have more of an empathetic ear to other leaders out in the business community." : He was the exemplar of a new generation of Alberta entrepreneurs. He built an investment bank from nothing – earning huge wealth, acclaim and the ear of Justin Trudeau. But beneath the veneer of business success, there was another side to George Gosbee – one of mental illness and alcoholism. The family he left behind tells their story. Story (Kelly Cryderman, for subscribers)

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