According to reported results from E&Y's recent Global Capital Confidence Barometer survey, Canada's mergers and acquisitions (M&A) market is expected to remain strong despite the current climate of geopolitical uncertainty, with 62% of Canadian respondents actively pursuing deals (compared to 48% six months ago). It was also reported that, for the fifth time in a row, Canadian respondents expect to pursue acquisitions at a rate above the past average, with Canadian, U.S. and global respondents reporting being bullish on the Canadian and global economy. The report noted that, while 2016 M&A activity did not exceed 2015, a strong finish in 2016 and a strong start in 2017 with respect to deal-making, underpinned by improving economic conditions, forms the basis for a strong M&A activity outlook through 2017.
To read a copy of the E&Y survey report, click here.
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