In The News

M&A Activity in Canada Up in Third Quarter : 
Lexpert on Bennett Jones M&A Update

October 24, 2025
Authors
Kwang LimVancouver Managing Partner
Angela BlakePartner
Laura JamesAssociate

Lexpert reported on the rise in M&A activity in Q3 2025, according to Bennett Jones latest quarterly update on Canada's dealmaking landscape.

Total deal value in Q3 2025 was up US$48.6 billion compared to Q3 2024—and year-to-date deal value this year was US$125.2 billion higher than last year’s total despite a drop in deal volume.

Bennett Jones' M&A team says this outcome reflects the improved dealmaking sentiment as companies and investors adjusted to the uncertainty plaguing the first half of the year. July marked the most active month of 2025 in terms of deal count in Canada while September logged the highest total deal value at US$60 billion.

The full Lexpert story is available here.

Click here to read Bennett Jones' Q3 2025 M&A update.

 

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For informational purposes only

This publication provides an overview of legal trends and updates for informational purposes only. For personalized legal advice, please contact the authors.

Authors

Kwang Lim, Vancouver Managing Partner
Vancouver  •   604.891.5144  •   limk@bennettjones.com
Angela Blake, Partner
Toronto, Vancouver  •   416.777.4889  •   blakea@bennettjones.com
Laura James, Associate
Vancouver  •   604.891.5170  •   jamesl@bennettjones.com