With most analysts predicting the economy will continue on an upswing, many business professionals are getting ready for some deal making ventures. A recent survey of executives in Canada say they are primed for embarking on some mergers and acquisitions this year and moving into 2020. In fact, more than 75% of those surveyed say they see these mergers and acquisitions coming within 12 months.
The corporate world is soaring regarding recent rumblings that one of Canada's major airlines is poised to add another under its wing. Recent business and commercial news in Canada has it that Air Canada has made a bid to purchase Transat to the tune of $520 million despite Transat's more than $24 million in losses it suffered last year. Many analysts believe that it's a deal that would benefit both companies.
Things don't always go as planned when one company links up with another. In recent mergers and acquisitions news in Canada, one of the nation's most well-known and respected insurance companies -- Desjardins -- acquired State Farm and things haven't been all smooth sailing. Employees and higher-ups in both companies soon realized it takes time to smooth out any rough spots.
By this fall edible cannabis products will become legal. Business and commercial transactions will heat up in Canada as business owners and producers vie for their places in what is expected to be a very lucrative second part to the legalization of cannabis in the country come October. Some people who have shied away from smoking cannabis may not be so hesitant to try edible cannabis products which include things like cookies and candies.