Canada Deal Flow News – 2025-11-15
Valuations are holding up as public and private capital chase scale, resilience, and global reach.
🇨🇦 National Deal Watch
Ottawa’s second wave of nation-building projects (ports, mines, trade corridors) is moving so early movers could lock in preferential terms. Read more
And yet, despite the Capex spending: Federal operating budget cuts ($58.2B) remain a policy overhang—no sector specifics yet, but founders tied to government contracts should brace for ripple effects. Read more
PM Carney is on the road, chasing his recent Asian agreements with potential new trade and investment ties in the UAE and South Africa—expect more foreign capital and buyers circling Canadian assets. Read more
🍁 Ontario & Québec Investments
Ontario’s real estate regulator (RECO) faces a formal audit after a $10.5M trust account misappropriation—regulatory clouds can freeze deal flow and hit brokerage multiples. Read more
Speaking of housing: Ontario’s $83M bet on Toronto student housing (1,400 new beds) is a live comp for public funding leverage—real assets and construction operators, take note. Read more
Consolidated Lithium Metals closed a non-brokered private placement—The Company issued a total 57,361,667 Units for aggregate gross proceeds of approximately $3,441,700. Off-market raises like this set the comp for future resource deals. Read more
🌲 Western Canada Watch
Alberta’s pipelines are projected to hit capacity by 2035, even with expansions, more innovation may be needed. Target oil output target (8M bpd by 2035) faces pipeline bottleneck. If takeaway capacity lags, expect volatility in asset values and buyer appetite. For owners: valuation premiums could peak before new bottlenecks bite. Read more
Waterous Energy Fund ups its stake in Greenfire Resources—private equity is back in Canadian oil and gas, with consolidation heating up. Read more
Enbridge is pumping $1.4B into pipeline expansions, betting on sustained demand—midstream and services founders should position for capex-driven valuation lifts. Read more
Algernon Health’s private placement (undisclosed size) shows early-stage health ventures can still tap private capital—watch terms for comps if you’re prepping a raise. Read more
🌊 Surf, Turf and Arctic
Scottish tidal developer gets the green light for Bay of Fundy—regulatory wins like this often spark follow-on capital and M&A in marine renewables. Read more
Halifax’s projected 10.5% property tax hike ($88.9M budget bump) will squeeze margins for asset-heavy operators—expect EBITDA compression and buyer pushback on valuations. Read more
🌐 Cross-Border Connections
Berkshire Hathaway’s $4.3B Alphabet stake (as it trims Apple) is a rare, public pivot by the world’s most disciplined allocator. Even giants rebalance—are your fundamentals strong enough to attract capital rotating out of yesterday’s winners? Read more
U.S. beef sector faces DOJ antitrust heat—Canadian packers could be next, so agri-food operators should prep for regulatory shocks and shifting buyer appetite. Read more
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