Lately, investment firms are buying up vast swaths of Canadian businesses, including vet practices, drug stores and retirement homes. Are profits their only measure of success?
Companies in Canada are being bought up by private equity at an incredible rate. The list includes Rexall, MEC, Value Village, WestJet and Sleep Country.
We’re speaking to someone who has brokered such deals: Rachel Wasserman is a lawyer and former investment banker who left that world behind to become a researcher for theThe Private Equity Playbook: Understanding the Secretive Industry Hollowing Out the Canadian Economy. Plus: producer Jay’s cat, Leo, is doing his own investigating to find out why his vet stopped giving out so many treats.
Lately is hosted by Vass Bednar. Our executive producer is Katrina Onstad. The show is produced by Jay Cockburn. Our sound designer is Cameron McIver.
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