Home Breadcrumb caret Economy Breadcrumb caret Economic Indicators Value of Canada’s M&A activity dropped in Q1 2018 The value of mergers and acquisitions in Canada fell 52.6% year over year during Q1 2018, says a report by Mergermarket. A total of 137 deals worth US$18.4 billion occurred in Canada in Q1 2018. In Q1 2017 there were 139 deals worth $38.7 billion (all figures are in U.S. dollars). The largest acquisition in […] By Staff | April 17, 2018 | Last updated on April 17, 2018 1 min read The value of mergers and acquisitions in Canada fell 52.6% year over year during Q1 2018, says a report by Mergermarket. A total of 137 deals worth US$18.4 billion occurred in Canada in Q1 2018. In Q1 2017 there were 139 deals worth $38.7 billion (all figures are in U.S. dollars). The largest acquisition in Q1 2018 was Choice Properties REIT’s purchase of CREIT in a $4.6 billion deal. Blackstone’s acquisition of Pure Industrial REIT for $2.9 billion was the second biggest deal. The real estate sector had four deals worth $7.6 billion in Q1 2018. Read: 3 Factors that could influence Canada’s 2018 M&A activity: PWC Other sectors with significant M&A activity included: Energy, mining and utilities had 23 deals worth $4.5 billion, a decrease of 82.7% by value with 10 fewer deals than Q1 2017 Transportation had three deals worth $1.7 billion Pharma, medical and biotech had 12 deals worth $1.1 billion, compared to 13 deals worth $118 million in Q1 2017 Cannabis had five deals, an increase of one deal from Q1 2017 Read the report here. Also read: 10 legal risks for businesses in 2018: BLG M&A deal volume up but value dips: report Staff The staff of Advisor.ca have been covering news for financial advisors since 1998. Save Stroke 1 Print Group 8 Share LI logo