Mergers and acquisitions: Deals in Canada on the rise

Many Canadian companies are looking internationally to secure deals. Mergers and acquisitions in Canada are robust, hitting $93 billion in the first part of this year. It seems the upswing is due to the burgeoning cannabis industry, real estate and energy areas. A recent review of PricewaterhouseCoopers in Canada suggests deals stateside have increased by 8 per cent, while there have been more than 160 outbound international deals struck.

It is no coincidence that the legalization of recreational marijuana in Canada has significantly impacted the market. Forty-eight deals having to do with cannabis happened in the first half of this year, worth more than $5 billion. Capital is flowing freely, allowing investors and company owners to acquire new means of distribution as well as to enter new markets and expand their bases.

Companies are diversifying their portfolios, which further minimizes risks amid a volatile relationship with the United States. There is definitely more of a focus on international mergers and acquisitions, rather than on North American. Some companies have acquired some prime assets in the first part of this year.

Business-minded Ontario residents who have an interest in the world of mergers and acquisitions may find it helpful to obtain legal counsel prior to making any major business decisions. A lawyer will have a keen understanding of the laws associated with business dealings such as mergers and acquisitions. In this often complex and complicated area of business, having the advice of an experienced lawyer may make the difference between a prudent move and one that may have been made rashly.   

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