Canadian M&A dips in first half as trade uncertainty weighs: Reuters

Canadian mergers-and-acquisitions activity edged lower in the first half of 2018, weighed by trade uncertainty, investment bankers and lawyers said, in contrast to a surge in global dealmaking, Reuters reported. Year-to-date deal volume slipped 2.3 percent to US$130.3 billion ($171 million) from US$133.3 billion in the same period last year, according to data released by Thomson Reuters this week. Factors weighing on market sentiment include fears of a trade war between the United States and other countries, as well as a lack of a resolution of the North American Free Trade Agreement.

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