This article is part of our
M&A outlook for 2024.
The transactional environment is becoming increasingly
challenging as the high-interest-rate environment and other
macroeconomic factors are testing dealmakers.
In this article, we reflect on recent Canadian deal activity and
consider what may be in store for 2024 as acquirers and investors
continue to adapt to a new deal environment.
Canadian domestic M&A
This year, recessionary concerns shaped the global
markets—and the Canadian domestic M&A market was no
exception. Against the backdrop of a possible economic downturn, a
range of factors influenced dealmaking, such as higher interest
rates, inflation, economic uncertainty and geopolitical changes and
conflicts.