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ARTICLE · 23 MARCH 2021

Canadian Power - Mergers & Acquisitions

McCarthy Tétrault
McCarthy Tétrault
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The onset and continuation of the COVID-19 pandemic caused a global disruption to M&A activity in 2020. Unsurprisingly, the Canadian power sector saw a marked decline, ...

CanadaCorporate/Commercial Law
Canadian Energy Perspectives
Canadian Energy Perspectives
Scott A. Bergen
Scott A. Bergen
Maureen Gillis
Maureen Gillis
Kerri Lui
Kerri Lui
Suzanne Murphy
Suzanne Murphy
Xinya Wang
Xinya Wang
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The onset and continuation of the COVID-19 pandemic caused a global disruption to M&A activity in 2020. Unsurprisingly, the Canadian power sector saw a marked decline, with an aggregate domestic deal value of US$1.4 billion in 2020, compared ith US$7.4 billion in 2019.

Inbound investments in Canada by US and non-US foreign parties in 2020 similarly declined from 2019 figures. In 2020, there were no reported foreign inbound investments in the Canadian power sector from US sources and US$82 million in foreign inbound investments from non-US sources. By contrast, in 2019, aggregate deal values for US and non-US foreign investments in Canada were US$1.4 billion and US$1.3 billion, respectively.

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