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Canada Finds Deal Gold in Europe’s Debt Woes: Corporate Canada

Canadian companies are daring to go where others are pulling back -- Europe.

Corporations and pension funds from the fastest-growing nation in the Group of Seven are on a European buying spree, boosting spending on deals in the region by 58 percent in the year’s first half, even as U.S. and Chinese buyers slash spending on takeovers there. Europe’s low valuations, the robust Canadian dollar and cheap capital are luring Canadian companies such as Brookfield Asset Management Inc. and Alimentation Couche-Tard Inc., Bloomberg Businessweek reports in its Aug. 6 issue.