📈 Canada Deal Flow News – 2025-11-05

Margin-makers and cross-border buyers are setting the new bar—are your numbers ready?

🇨🇦 National Deal Watch

Federal budget drops $581B in spending and a $78.3B deficit, promising infrastructure tailwinds but $58.2B in public sector cuts. If you sell into government or construction, watch for slower procurement and shifting contract flows. Read more | Read more

Stella-Jones just closed its Brooks Manufacturing buyout—no price or multiple disclosed, but the move keeps the industrial supply chain consolidation drumbeat going. If you’re in lumber, utility poles, or infrastructure, expect more deal chatter and sharpen your margin story. Read more

Canadian Tire outbid rivals for the Hudson’s Bay stripes brand—no price, but a real comp for legacy IP. Strategic buyers will pay up for assets that fit their platform story. Read more

🍁 Ontario & Québec Investments

Maple Leaf Foods’ Q3 profit hit $43.1M, with EPS up to $0.49 from $0.18 last year—margin and volume both surging. For food and CPG founders, this is your comp: margin expansion and sales growth are still the fastest way to boost multiples. Read more

GTA/Hamilton pre-construction condo sales cratered 95% from peak—projects are getting axed, and resale sellers are taking six-figure haircuts. Real estate and proptech founders: buyers are punishing risk, and margin durability is king. Read more | Read more

The Blockchain Futurist Conference returns to Toronto in July 2026—Canada’s biggest Web3 event. Not a direct deal, but a strong signal that Toronto remains a magnet for crypto capital and deal flow. Time your raise or launch for max exposure. Read more

🌲 Western Canada Watch

Centuri Holdings smashed Q3 revenue records and boosted margins, showing buyers still reward scale without slippage. Infrastructure and industrial founders: visible growth and profitability are your ticket to premium multiples. Read more

Creekstone Energy’s Series B (led by Trident Ridge, Pelion) will fund a 10-GW “AI Gigasite” in Utah. The comp: capital is chasing energy-data-AI hybrids, not just old-school generation. Show a credible path to scale, and funding follows. Read more

🌊 Surf, Turf and Arctic

ChrysCapital closed a record $2.2B India-focused PE fund. Not a Canadian deal, but the scale signals global dry powder is stacking up with big managers. Expect more competition—and higher multiples—for quality assets as international funds hunt for deals. Read more

Cove Soda closed a $15M Series A to scale its functional CSD brand. Halifax-based, with a syndicate of consumer-focused and celebrity investors, Cove proves regional, margin-strong brands are still raising at growth-stage valuations. Read more

Appili Therapeutics is prepping a non-brokered private placement—terms still under wraps. For biotech founders, it’s a reminder: flexible capital is still on the table, even in choppy markets. Watch for pricing and investor mix when details drop. Read more

🌐 Cross-Border Connections

Beacon raised $250M USD Series B to buy and AI-enable Main Street businesses. Led by ex-Instacart and Sequoia execs, Beacon’s playbook: roll up profitable, “boring” companies and tech them up. If you’re cash-flowing but not “hot tech,” you’re now in the crosshairs. Read more

Monarch Collective snapped up 38% of FC Viktoria Berlin Women, its first European sports play. No price, but the cross-border move signals international buyers are hunting undervalued sports assets—especially in women’s leagues. Canadian sports founders: global buyers are widening the comp set. Read more

Canada’s new stablecoin framework brings regulatory clarity to digital assets—rare air for fintech. Expect new capital, partnerships, and M&A as rules unlock deal appetite. Fintech founders: regulatory certainty just raised the bar for valuations. Read more

BDO is close to merging its UK and Irish arms, signaling more consolidation in mid-market advisory. Expect new buyer pools and shifting diligence for Canadian firms with cross-border ambitions. Read more

Canada’s Indo-Pacific trade push—meetings with Japan, China, Australia, and more—signals new cross-border buyer appetite. No deal numbers yet, but policy shifts like this often precede exits and premium valuations for globally minded firms. Read more

---

Prep your numbers, know your comps, and move before the next wave of buyers does.