Ultimarii in its $2.6-million Seed financing

On September 9, 2025, Ultimarii announced its raising of nearly $2.6 million in Seed financing in a round led by Staircase Ventures with participants including Bluesky Equities, Sky Energy Group, former Suncor CEO Mark Little, Thin Air Labs partner James Lochrie and ScaleGood Fund managing partner...

Lead Office: Calgary Date Announced: September 9, 2025 Value: $2.6 million

Maritime Resources Corp. in its $292-million acquisition by New Found Gold Corp.

On September 5, 2025, Maritime Resources Corp. (Maritime) and New Found Gold Corp. (New Found Gold) announced the proposed acquisition of Maritime by New Found Gold by way of plan of arrangement. Pursuant to the transaction, New Found Gold will acquire all of the outstanding Maritime shares for...

Lead Office: Toronto Date Announced: September 5, 2025 Value: $292 million

Bird Construction in its $82.3-million acquisition of Fraser River Pile & Dredge

On September 3, 2025, Bird Construction announced its proposed $82.3-million acquisition of Fraser River Pile & Dredge (FRPD). The transaction follows Bird Construction’s 2024 acquisition of Jacob Bros. Construction and further expands its presence in Western Canada. FRPD is...

Lead Office: Toronto Date Announced: September 3, 2025 Value: $82.3 million

TELUS Digital in its agreement to be acquired by TELUS Corporation

On June 11, 2025, TELUS Corp., TELUS Digital’s controlling shareholder, proposed to acquire all of the shares of TELUS Digital that it did not already own. Pursuant to this, on September 2, 2025, TELUS Digital and TELUS announced that they had entered into an arrangement agreement pursuant to...

Lead Office: Toronto Date Announced: September 2, 2025 Value: US$1.3 billion

CoVet in its securing of growth funding

On September 2, 2025, CoVet announced it closed a growth funding round with Off Leash Capital. This investment will accelerate CoVet’s global expansion and product development. CoVet is an AI-powered clinical co-pilot built for veterinary professionals. Osler, Hoskin & Harcourt LLP...

Lead Office: Toronto Date Announced: September 2, 2025 Value: --

The Province of British Columbia in its completion of its US$3-billion offering

On August 27, 2025, the Province of British Columbia completed its offering of US$3.00 billion in aggregate principal amount of 3.900% bonds, Series BCUSG-19, due August 27, 2030. The offering was made through an underwriting syndicate led by BMO Capital Markets Corp., BofA Securities, Inc., HSBC...

Lead Office: Vancouver Date Announced: August 27, 2025 Value: US$3 billion

Impact America Fund in connection with Nest Health's $12.5-million Series A round

On August 25, 2025, Nest Health announced that it raised $12.5 million in a Series A financing round. New investors in this round included Impact America Fund, Hopelab, University Growth Fund, Luminary Impact Fund and Socium Ventures. The company plans to use this funding towards advancing its...

Lead Office: Toronto Date Announced: August 25, 2025 Value: $12.5 million

Hydro One in its $1.1-billion offering of Medium Term Notes under Sustainable Financing Framework

On August 25, 2025, Hydro One Inc., a wholly owned subsidiary of Hydro One Limited (collectively, Hydro One) completed an offering of $1.1 billion Medium Term Notes (the Notes), consisting of $450 million of 3.94% Medium Term Notes, Series 61, due 2032, $300 million of 4.30% Medium Term Notes,...

Lead Office: Toronto Date Closed: August 25, 2025 Value: $1.1 billion

Dream Residential REIT in its US$354-million acquisition by Morgan Properties

On August 21, 2025, Dream Residential REIT announced that it has entered into an arrangement agreement to be acquired by Morgan Properties in an all-cash transaction valued at approximately US$354 million. This transaction marks the conclusion of the REIT’s previously announced strategic review...

Lead Office: Toronto Date Announced: August 21, 2025 Value: US$354 million

Boyd Group Services Inc. in its $275-million senior unsecured notes offering

Acting for Boyd Group Services Inc. (Boyd) in connection with its $275-million offering of senior unsecured notes. Osler, Hoskin & Harcourt LLP advised Boyd with a team led by Dan Shea, Jessica Myers and John Valley and comprised of Josh Mamdani, Ana Cherniak-Kennedy, Jasleen Sahota,...

Lead Office: Toronto Date Announced: August 20, 2025 Value: $275 million