Private equity investments reached US$16.3 billion in the third quarter of 2025, after tariff shocks sent deal-making to a seven-quarter low of US$7.9 billion in the previous quarter, according to KPMG’s most recent global private equity report. Last quarter’s investments were up about five per cent from the same period a year earlier. (The Logic)

Talking point: The report credited the federal government’s commitments to spur investments in sectors like infrastructure and energy for helping bring confidence back to the market. It noted that Canadian institutional investors will be looking for homegrown deals to back, depending on what exactly the government does to incentivize them. John Cho, head of KPMG Canada’s private capital team, said in the report that an increase in retail investors and family offices in the sector has also driven deal activity.