đ Canada Deal Flow News â 2025-10-29
Canadian founders see capital flowing, valuations holding, and cross-border deals heating upâif youâve got the story, the marketâs listening.
đ¨đŚ National Deal Watch
A Bank of Canada rate cut is on deck as U.S. trade threats loomâlower borrowing costs could juice buyer appetite and put a floor under asset values. If youâre thinking sale or recap, this could be your window. Read more
Intrepid Metals pulled in $6.7M via non-brokered private placement, moving 19.1M units. No explicit valuation, but appetite for resource deals remains strong if you can map out clear use of funds. Read more
PyroGenesis closed $822K in the first tranche of its private placementâno per-unit price, but investors are still backing advanced industrial tech, even in smaller bites. If youâre capital-intensive, prep for rolling closes. Read more
Evergold landed $350K in convertible debt from a directorâclassic insider bridge, letting founders delay valuation talks and keep momentum. If youâre low on runway, this is a live playbook. Read more
đ Ontario & QuĂŠbec Investments
Maple Bridge Ventures raised $10M for a fund backing immigrant-led AgTech, food tech, and healthtech startupsâfresh capital for early-stage founders, and a new benchmark for pre-seed/seed rounds. Read more
Invest Ottawa is targeting $3B for defence innovationâno deal terms yet, but expect a surge in dual-use and security tech funding. Start prepping your data room. Read more
đ˛ Western Canada Watch
ThreeD Capital is touting HyperCycleâs $1.1B joint ventureâno details on capital at risk, but itâs a reminder that billion-dollar headlines are still in reach for Canadian tech. Watch for real cash flow or just paper value. Read more
Cygnet Energy is buying Kiwetinohk Energy for $1.4B all-cash ($24.75/share)âa clean public market takeout and a sharp comp for scale in natural gas. Read more
đ Surf, Turf and Arctic
St. Johnâs is greenlighting a 1,200-unit mixed-use megaproject on the old Bally Haly golf courseâno price yet, but this scale will reset land values and attract new capital to Atlantic Canada. Read more
Dartmouth Coveâs infill project just got federal approvalâexpect a wave of subcontracts and supplier deals as construction ramps. Regulatory wins like this often trigger capital inflows and M&A. Read more
Newfoundland Rogues are relaunching in Feb 2026 with a new league and coachâno financials, but pivots like this usually mean new investors or a recap. Watch for future moves on sponsorships and media rights. Read more
đ Cross-Border Connections
FLiiP secured $1.5M in growth debt from CIBC Innovation Banking to fuel expansion in North America and Europeâdebt over equity means founders keep control. Lenders are backing SaaS with global plans. Read more
Canadian oil & gas M&A hit $15.7B in H1 2025âup 644% YoY, the highest since 2017. If youâre in energy, nowâs the time to test the market or recap while multiples are expanding. Read more
Deals are moving fastâif youâre not seeing your sector here, ask what itâll take to get on the next list.


