Canadian M&A Review: Q3/21

Canadian M&A activity remained at close to record levels through Q3/2021. While deal volume slipped from quarterly volumes in H1/21, it was well above third quarter results for prior years. One notable theme that we see in the data and our own advisory practice is the robust cross-border deal making, which, in this most recent quarter, outpaced domestic activity, hitting a record high as a percentage of total deal volume.

Read on for a snapshot of the Canadian M&A landscape in Q3/21, followed by an update on Origin specific deal activity and highlights.