Canadian IPOs up 50%

TORONTO — Canadian companies raised about $2.7 billion in 30 initial public offerings during the past year, up 50% from 2012. A PricewaterhoouseCoopers report said that the offerings included six in the fourth quarter, totalling $582.6 million. While 62 issuers went public in 2012, they managed to garner only some $1.8 billion, Canadian Press reports.