In 2025, global economic and political news was largely
dominated by U.S. tariffs. These measures fuelled uncertainty,
shaped risk analysis and influenced business decisions. However,
the market remained stable and buoyant, and inflation trended
toward the central bank's targets, easing pressure on interest
rates and making the business climate more favourable for
transactions in Canada and abroad. Despite the real impact of
tariffs on some of our clients, many of them have shown resilience,
demonstrating the value of a bold and well-executed strategy that
can drive progress, investment and transactions.
It was in this context that our Corporate and Commercial Law
team applied themselves last year, managing an impressive volume of
transactions that covered all sectors, with a total value of nearly
C$22 billion. The team was able to nimbly anticipate emerging
trends, adapt to numerous changes on the fly, and provide sound
legal and strategic advice. Leveraging its