Deals
Canadians Urged to Take Risks as Equity Deals Hit 23-Year Low
- Equity and equity-linked deals raised C$17.2 billion in 2024
- Deals that have come have been well-received: RBC’s Babbar
The activity stands in sharp contrast to the US, where such offerings have climbed for the third straight year.
Photographer: Cole Burston/BloombergThis article is for subscribers only.
Investment bankers are urging Toronto-listed companies to buy a business or raise some money as deal volumes in Canada have fallen to their lowest levels in 23 years.
Equity and equity-linked offerings in Canada fell for the third straight year to hit their lowest point since 2001, according to league tables compiled by Bloomberg. There were 236 deals in 2024, raising C$17.2 billion ($12 billion), compared with C$19.8 billion in 2023.