Lexpert
Global uncertainty, it turns out, works well for a resilient Canadian mergers and acquisitions market. EY's most recent Global Capital Confidence Barometer concluded that today's record M&A market "has shown resilience, which looks set to continue through 2017" and beyond despite the "turbulent" global political climate.
Canadian business has "some of the deepest pipelines in the world," with more than 80 per cent of respondents saying they were looking at more than one acquisition. But outlooks differed sharply in comparing the domestic and global economies, with 39 per cent of respondents anticipating the Canadian economy would improve compared with 19 per cent predicting a global improvement.
Lexpert contributor Julius Melnitzer reports at www.lexpert.ca.
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