Momentum Shift: Canada’s M&A Landscape in 2025
Written By Curtis Cusinato, Mark Rasile, Dominique Carli and Allegra Hessels
January 10, 2024
As we move into 2025, we anticipate significant growth in Canadian M&A activity driven by several factors. These include a likely shift towards a more merger-friendly regulatory environment in the United States for cross-border deals, lower inflation, stabilized interest rates, continued surplus institutional capital and the increasing need for private equity groups to pursue exits. These factors set the stage for a strong start to Canadian dealmaking in the new year.
Key M&A trends we are tracking include:
- increased activity in mid-market transactions and private equity exits;
- ongoing growth in infrastructure M&A and investment activity;
- continued going-private transactions among Canadian technology companies; and
- the rising influence of artificial intelligence on M&A deal structures and strategies.
With improved market conditions and a general sense of momentum, 2025 presents a promising landscape for Canadian dealmaking.
Stay informed with our insights into the M&A landscape and opportunities for the year ahead.