Police say suspected arsonists set fire to trucks and machinery at three different Ontario locations tied to waste-management giant GFL Environmental Inc. and sister company Green Infrastructure Partners this summer, just months before shots were fired at the homes of two company executives.
In each alleged arson incident, cube vans, dump trucks or heavy machinery were set on fire, and three different Ontario police services are investigating.
GFL GFL-T is traded on both the Toronto Stock Exchange and the New York Stock Exchange and has become one of the four largest waste-management companies in Canada and the U.S. by continuously acquiring smaller rivals. Its largest shareholders are private equity company BC Partners and the Ontario Teachers’ Pension Plan. GFL currently has a $22-billion market value, despite losing $2.6-billion since going public in March, 2020.
The first fire occurred on June 27 a little before dawn at a GFL lot in Windsor, Ont. …