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ARTICLE · 11 OCTOBER 2023

Canada's M&A Landscape Q3 2023: Special Edition On Energy

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The global energy industry took centre stage in Canada as the 24th World Petroleum Congress (WPC) was held in Calgary from September 17-21, 2023.

CanadaEnergy and Natural Resources
Brent Kraus
Brent Kraus
Ashley M. White
Ashley M. White
Kristos Iatridis
Kristos Iatridis
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The global energy industry took centre stage in Canada as the 24th World Petroleum Congress (WPC) was held in Calgary from September 17-21, 2023. Over 10,000 visitors and 5,000 delegates from 111 countries came together to address the theme of Energy Transition: The Path to Net Zero.

In this special edition of Bennett Jones' quarterly M&A update, we look at deal activity in Canada's energy sector and what the key takeaways from WPC might tell us about what's to come.

We also step outside of the energy world to assess new business opportunities in Alberta being created by the province's new Captive Insurance Companies Act.

Overall Canadian M&A Deal Activity

All numbers are according to Bloomberg data in U.S. dollars (announced, completed or pending deals—excluding those that have been terminated or withdrawn—where a Canadian company is the acquirer, target or seller) as of September 30, 2023.

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