Shots fired at homes of two executives tied to waste management giant GFL

The homes of two executives tied to Canadian waste management giant GFL Environmental Inc., including the company’s chief executive officer, were shot at within one hour of each other in Toronto.The shootings, which are being investigated by Toronto Police’s guns and gangs unit, took place late Sunday and early Monday in separate areas of the city, but both locations are among the wealthiest pockets of Toronto. Police believe the incidents are connected and that the houses were targeted.GFL, which is traded on the Toronto Stock Exchange and the New York Stock Exchange, is a serial acquirer of smaller rivals and has become one of the four largest waste management companies in Canada and the U.S. GFL’s largest shareholders are private equity firm BC Partners and the Ontario Teachers’ Pension Plan, and the company currently has a $20-billion market value.Recently, GFL has been hampered by the debt accumulated to fund its acquisitions and management has said they were…