Quarterly M&A Insights
As a part of our commitment to providing clients with timely and insightful information to inform their most complex business decisions, we present our M&A Quarterly Insights series. A valuable tool for companies, investors and other stakeholders, these reports provide a comprehensive overview and analysis of M&A activity and business trends in Canada.
Canada's M&A market has sustained momentum through the first half of 2026, despite a complex global environment characterized by trade tensions, inflationary pressures and evolving geopolitical considerations.
Investors remain cautious amid market volatility, though overall business sentiment remains positive. The confluence of these trends has tempered overall deal volume somewhat and concentrated activity into high-value transactions. Dealmakers are adjusting to uncertainty, with large asset managers and pension funds realigning portfolios and refining stress-test scenarios accordingly. Private equity continues to drive major public acquisitions, particularly in energy and infrastructure markets, while government policies in key sectors provide encouraging signals. As such, dealmaking may accelerate in the second half of this year as investors navigate challenges and seize sector opportunities to unlock deal synergies.
In this quarterly update, we examine: the industries leading Canadian M&A activity; how policy tailwinds are propelling energy transactions; the effects of AI-driven demand on the M&A landscape; and Canadian real estate trends.
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M&A Group
M&A Group
Our M&A group spans all industries, particularly those that drive the Canadian economy, such as energy, mining, financial services, technology, agribusiness and manufacturing, among others. Clients benefit from our focus on efficient identification of issues that matter to their business. Our lawyers account for your risk appetite and the commercial realities likely to apply after closing to guide negotiation strategy and structuring.
Bennett Jones has been monitoring Canadian business trends closely and is available to discuss the developments and opportunities shaping the Canadian M&A landscape.
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Brent W. Kraus
Co-Head of Mergers & Acquisitions • Corporate Governance Lawyer | Securities & Capital Markets
Curtis A. Cusinato
Vice Chair and Co-Head of Mergers & Acquisitions • Vice Chair and Co-Head of M&A
Christian P. Gauthier
Co-Head of Mergers & Acquisitions • M&A & Capital Markets Lawyer | IPOs
Kristopher R. Hanc
Partner • M&A and Capital Markets Lawyer