For all the political and economic headwinds around the world last year, 2016 proved to be a surprisingly strong year for Canadian M&A. In fact, figures compiled by Crosbie & Co. show a total of $331.5-billion in announced M&A activity in which a Canadian company was a major party, up from $275.7-billion in 2015.
And the message from the front lines? Get ready for more.
"The environment's excellent at the moment," says one lawyer, crediting both the low Canadian dollar and the new Trump administration's commitment to stimulating the US economy.
However, several practitioners point to Trump's talk of a new border tax as an example of uncertainty that could slow down deals for companies doing a lot of cross-border business.
Lexpert contributor Sandra Rubin reports at www.lexpert.ca.
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The iconic Tim Hortons chain of coffee stores has a long history in Canada, growing from a single store in Hamilton. But now thought its growth and a series of mergers, its one pillar of a huge empire of brands that will now include Popeyes.