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Lawyer Kevin Thomson believes that within the next few months, mergers in the resources sector will fire up again.
Lawyer Kevin Thomson believes that within the next few months, mergers in the resources sector will fire up again.
(Michelle Siu for The Globe and Mail)

MARKETS

Waiting for M&A to return, Bay St. feels pinch

Bay Street has been suffering through a drought of big mergers and acquisitions that some say shows few signs of ending any time soon.

While smaller “strategic” deals – like Telus Corp.’s recent $380-million acquisition of Mobilicity – are still happening, blockbuster multibillion-dollar mergers are completely on hold, Bay Street deal makers say.