TORONTO – Activist shareholder Bill Ackman says investment approaches like his give shareholders options they would’ve never had otherwise. The billionaire investor, who led a proxy fight at railroad operator Canadian Pacific (TSX:CP), says at one time an unhappy shareholder would’ve been forced to dump their stock if they were dissatisfied with leadership in the...

CALGARY – Jana Partners, the New York activist hedge fund that waged a proxy fight against Agrium Inc. (TSX:AGU), says it has sold down its stake in the fertilizer giant. The fund will remain among Agrium’s biggest shareholders with a 2.7 per cent stake, down from its previous 7.6 per cent position...