New data from the London Stock Exchange Group shows Canada’s mergers and acquisitions activity is outpacing the global average. As of Sept. 12, global M&A was up 16 per cent year over year. Deals increased 23 per cent in the U.S. and 30 per cent in Europe. (The Logic)
Talking point: Canada also logged above-average increases in debt and equity capital markets. Those businesses—as well as syndicate lending—increased year over year, on average, across the globe. Initial public offerings, however, were down—18 per cent in Canada and 17 per cent globally. Canada’s outperformance in M&A follows antitrust crackdowns in larger markets, including the U.S. and Europe, which have involved blocking big takeover deals. There are signs regulators may soften those efforts to maintain leads against rivals like China.