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ARTICLE · 24 JULY 2020

Will A "Canada First" Sentiment Curb M&A?

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As fallout from the crisis continues to unfold, markets around the world are adjusting and factors foundational to dealmaking...

CanadaGovernment, Public Sector

As fallout from the crisis continues to unfold, markets around the world are adjusting and factors foundational to dealmaking—the role of government, the regulatory and legislative environment, public sentiment and political dynamics—are in flux.

Concerns the pandemic has raised about globalization are top of mind for many. In Canada, the federal government has announced its intention to increase scrutiny on certain cross-border transactions; and the Canadian public's views on foreign investment may be shifting towards a “Canada First” sentiment.

With cross-border dealmaking expected to contribute to the recovery of the Canadian M&A market, what impact can foreign investors expect a more protectionist outlook in Canada to have on their M&A strategies?

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