Media Mentions

Canadian corporate debt soars in second quarter – The Globe and Mail Canadian corporate debt soars in second quarter – The Globe and Mail

July 3, 2024 1 MIN READ
People Mentioned
Jeremy Fraiberg

Partner, Corporate, Toronto

Slow M&A activity is unlikely to rebound before economic uncertainty surrounding the U.S. election is resolved, says Jeremy Fraiberg, Co-Chair, Mergers and Acquisitions, in an interview with The Globe and Mail.

“So much of this is a confidence game,” says Jeremy. “Sentiment is not great, and because M&A is a product in some way of that sentiment, until that really changes you can expect to see some lag. But there are good reasons to believe that it will change and maybe much more will be cleared up after the U.S. election.”

During the second quarter, M&A activity involving Canadian businesses totaled $63.3 billion, 1.8% lower on a year-over-year basis and more than 4% below the 10-year second quarter average.

If you have a subscription to The Globe and Mail, you can read the full article by author Jameson Berkow published on July 3, 2024.

People Mentioned
Jeremy Fraiberg

Partner, Corporate, Toronto