Canada Deal Flow News – 2025-11-08

It’s Saturday in Toronto, and the late-fall chill is creeping down Bay Street—dealmakers are layering up as capital flows heat up.

🇨🇦 National Deal Watch

Ottawa’s $1T investment push is more than headline fodder—Budget 2025 is a direct play to crowd in private capital and break Canada’s decade-long productivity slump. I guess it makes sense for Mr. Brookfield? If you’re expansion-ready, expect new incentives to sweeten your next raise or exit. Read more

Brookfield’s $30B capital raise in Q3 signals institutional dry powder is back—expect more inbound and firmer valuations for cash-generating assets. Benchmark your numbers and prep for scrutiny. Read more

Data center capex is set to explode—McKinsey pegs global spend at $7T by 2030. Design-build firms are already pivoting for AI-driven demand. If you’re in the digital infrastructure chain, now’s the time to benchmark your margins and prep for rising multiples. Read more

🍁 Ontario & Québec Investments

FrontlineIQ raises $3.3M seed to gamify sales jobs with AI. Early-stage SaaS capital is still flowing for sticky, vertical solutions—this round sets a fresh benchmark for traction and product vision. Read more

Toronto Pearson Airport’s multibillion-dollar expansion is the lone forward signal. Past expansions have driven up costs for airlines and travelers—expect new contracts and cost pressures for travel, logistics, and airport-adjacent operators. No direct M&A angles yet, but procurement and partnership deals will follow. Read more

Cargojet renews its share buyback, signaling management’s confidence and setting a valuation floor—watch how buybacks can flag margin resilience for public comps. Read more

Altus Group’s stock cratered 16% after pulling its sale, cutting forecasts, and losing its CEO—a live case of how operational misses and churn can vaporize deal value. Margin resilience and stable leadership are now table stakes. Read more

🌲 Western Canada Watch

Enbridge’s plan to boost Mainline pipeline capacity by 400,000 barrels/day signals a coming wave of procurement, M&A, and vendor consolidation. No deal terms yet, but expansion always resets valuation benchmarks for energy service firms. Read more

Telus is eyeing data centre and AI infrastructure partnerships—potentially reshaping capital needs and buyer appetite in telecom and IT. Recurring revenue and sticky customers will unlock new funding or exit paths. Read more

🌊 Surf, Turf and Arctic

Bunge is divesting Prairie grain elevators to local buyers to satisfy Viterra deal conditions—a reminder that big M&A often triggers forced asset sales, sometimes at attractive prices for locals. Track these carve-outs for regional asset comps. Read more

Mount Uniacke quarry expansion in Nova Scotia is awaiting a regulatory decision by Nov. 12. No buyer names or terms, but green lights—or roadblocks—can swing asset values and trigger M&A overnight. Read more

Halifax expects a quick hit from $100B+ in federal infrastructure spend—roads, sewers, utilities tied to new housing. Local multiples and project flow should rise as shovels hit the ground. Read more

Yukon Party’s transition team now includes a former hospital CEO and Alberta finance DM—no direct deal, but new leadership often signals shifts in public spending, procurement, or privatization. Operators in the North: track appointments for early hints at contract or sector shakeups. Read more

🌐 Cross-Border Connections

South Star and Integral Metals both upsized or closed private placements in the last 24 hours, signaling live investor appetite for battery metals and critical minerals—especially with a North American or ex-China angle. Read more Read more

Global Battery Materials launches with strategic and institutional backing to build a 100% ex-China graphite supply chain. Strategic capital now often means M&A or partnership optionality later. Read more

Why it matters:
Public policy, capital allocation moves, and early-stage fundraising are shaping valuation floors and ceilings. Are you hitting the milestones and packaging your story for the next capital wave?