Update: Canadian M&A Outlook

According to a recent report entitled "Brighter horizons: A bolder future for Canadian M&A", Canadian M&A activity is expected to be strong in 2016. The report presents the results of a survey of 50 leading Canadian M&A professionals commissioned by Citi and conducted by Mergermarket. The study reveals that none of the respondents expect Canadian M&A to decrease in 2016, with 70% of respondents anticipating an increase in Canadian M&A for 2016 compared to 46% of respondents for the previous year. The key drivers to dealmaking in 2016 identified by respondents include low commodity prices, private equity demand, easy access to financing, companies seeking inorganic growth, and the falling value of the Canadian dollar.