Canadian M&A activity soars on surge in outbound deal flow: Reuters

A slew of major bets outside Canada by some of the country's top pension funds, banks, investment management firms and insurers propelled Canadian deal activity to its second-highest level ever in 2015, Reuters reported. Thomson Reuters data showed US$278.69 billion of activity involving Canadian entities in 2015, up 37 percent from a year ago, and lagging only a pre-crisis high hit in 2007.