Capital Markets Capital Markets

First Nations Finance Authority in its $485-million offering of senior secured bonds

On March 24, 2026, the First Nations Finance Authority (FNFA) completed an additional offering of $485 million in aggregate principal amount of 4.05% senior secured bonds, Series 2025-1, due June 1, 2035. The offering was made through an underwriting syndicate comprised of National Bank Financial...

Lead Office: Vancouver Date Announced: March 24, 2026 Value: $485 million

The agents in connection with BC Ferries’ $350-million bond financing

On February 19, 2026, BC Ferries announced the closing of $350 million in senior secured bonds. The privately placed bonds were sold to investors across Canada and issued pursuant to BC Ferries’ capital markets platform. The syndicate of agents included BMO Nesbitt Burns Inc., RBC Dominion...

Lead Office: Vancouver Date Announced: February 19, 2026 Value: $350 million

Nio Strategic Metals in its $5.35-million non-brokered private placement of common shares

On March 6, 2026, Nio Strategic Metals announced that closing of its previously disclosed non-brokered private placement of 34,515,967 common shares of the Corporation at a price of $0.155 per common share, for gross proceeds of approximately $5.35 million. Nio Strategic Metals is an...

Lead Office: Montreal Date Announced: March 6, 2026 Value: $5.35 million

EDC in connection with Canada’s first tokenized bond issuance

On March 5, 2026, it was announced that Export Development Canada (EDC) has successfully issued the first Canadian tokenized bond, which is a historic milestone in Canadian capital markets. This achievement is the result of Project Samara, a collaboration bringing together RBC Capital Markets, TD...

Lead Office: Toronto Date Announced: March 5, 2026 Value: --

Bitfarms in its plan to redomicile from Canada to the U.S. and intent to rebrand as Keel Infrastructure

On February 6, 2026, Bitfarms Ltd. (Bitfarms) announced that its board of directors approved a plan of arrangement pursuant to which Bitfarms will redomicile from Canada to the United States, subject to the receipt of shareholder, stock exchange and court approvals. This transition will allow for...

Lead Office: Toronto Date Announced: February 6, 2026 Value: --

Aritzia in connection with a $209-million secondary offering of shares

On January 29, 2026, Aritzia Inc. (Aritzia) closed its secondary offering of 1,602,000 subordinate voting shares held by Brian Hill, Founder and Executive Chair of Aritzia, together with certain entities owned and/or controlled directly or indirectly by him, or him and his immediate family. The...

Lead Office: Toronto Date Closed: January 29, 2026 Value: $209 million

Kuya Silver Corporation in its $25.5-million brokered LIFE offering

On January 15, 2026, Kuya Silver Corporation announced that it closed a brokered LIFE offering for $25.5 million. The company intends to use the net proceeds of the offering and other available funds for general corporate and working capital purposes and to advance the Company's Bethania project...

Lead Office: Toronto Date Closed: January 15, 2026 Value: $25.5 million

SECURE Waste Infrastructure Corp.'s $300-million senior unsecured notes offering

On November 20, 2025, SECURE Waste Infrastructure Corp. announced that it closed its previously announced $300-million offering of senior unsecured notes. The offering was underwritten by a syndicate of underwriters led by BMO Nesbitt Burns Inc. and National Bank Financial Inc. as joint...

Lead Office: Toronto Date Announced: November 13, 2025 Value: $300 million

Hydro One in its $1.6-billion offering of Medium Term Notes under Sustainable Financing Framework

On November 21, 2025, Hydro One Inc., a wholly owned subsidiary of Hydro One Limited (collectively, Hydro One) completed an offering of $1.6-billion Medium Term Notes (the Notes), consisting of $1.2 billion of 3.90% Medium Term Notes, Series 64, due 2033, and $400 million of 4.80% Medium Term...

Lead Office: Toronto Date Closed: November 21, 2025 Value: $1.6 billion

Mind Medicine in its $249-million underwritten public offering

On November 3, 2025, Mind Medicine, a clinical stage biopharmaceutical company developing novel products to treat brain health disorders, announced it closed approximately a $249-million underwritten public offering which includes a full exercise of the underwriter’s option to purchase...

Lead Office: Vancouver Date Announced: November 3, 2025 Value: $249 million