Capital markets have rebounded from the historic lows experienced in the recent economic downturn. 2010 was a good year for Canadian capital markets and while not record-setting in terms of the numbers or volume of transactions, there was a more robust level of M&A activity and a reasonable level of credit-raising, including some successful IPOs. This was due in part to the availability of credit, particularly in the mid-market transactional environment, and in fact over 90% of the transactions were in the mid-market. 2010 also underscores the importance of the natural resources sector in the Canadian transactional environment. The metals & mining and oil & gas sectors drove much of the M&A activity both in terms of mega-deals and the mid-market.
In this podcast, part of our regular audio series, Frank Turner, Partner and National Co-Chair of the Corporate Law Group, from our Calgary office and Douglas Marshall, Partner and National Co-Chair of the Corporate Law Group, from our Toronto office, along with contributions from colleagues in our offices across Canada, provide their perspective on 2010 and share their predictions for 2011.
For a more thorough analysis, we invite you to visit the Capital Markets Review