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Canadian Market Recap: January 31

  • Posted By: Chris Angelatos, Ty Wilson, Ali Saleh, Christopher Megraw, and Paris Aden

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  • Comments: 0

Market Update

Two hundred and eight Canadian M&A transactions closed this past month. Year to date, M&A closed deal count is 5.5% lower than the comparable period in 2016. The Canadian dollar depreciated by 0.80 cents, ending the month at 80 cents. The TSX underperformed the S&P 500 by 7.1% in U.S. dollar terms. WTI Crude oil rose by 8.3%, ending the month at $65.45 per barrel.


Valitas Insights: The Year Ahead – What does 2018 have in store for Canadian business owners?

Stay tuned as we are currently working on an article with Pierre Ouimet, the Head Investment Strategist of UBS Bank (Canada), that lays out the Canadian business landscape for the remainder of 2018. In the meantime, check out Mr. Ouimet’s recent appearance on BNN where he provides his take on the outlook of the Canadian economy.

 

 

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