(Bloomberg) — Canada’s biggest securities regulator is taking its first enforcement action related to so-called greenwashing by a fund manager. The Ontario Securities Commission is alleging Toronto-based Purpose Investments Inc. made statements about how it incorporated environmental, social and governance factors that were “misleading, untrue, and in conflict with the prospectuses of the funds it managed.” Most Read from Bloomberg Between September 2019 and March 2023, Purpose implied that it embedded ...