The latest total remains 25.8 per cent below the most recent 10-year average for second-quarter stock sales, but there may be evidence of growing upward momentum.Nathan Denette/The Canadian Press
Tariff threats did not spoil corporate Canada’s appetite for deal making and fundraising over the past three months.
Stock sales and merger and acquisition activity both soared in the second quarter, according to data from LSEG Data & Analytics to be released Thursday. Borrowing activity appeared to be the sole casualty of the continental trade war, with corporate debt issuance from early April to late June totalling $22.6-billion, fully one-third below the same period in 2024, though still roughly in line with the most recent 10-year average for the second quarter.
“There was a drastic drop in the month of April,” said Patrick MacDonald, co-head of Canadian debt capital markets at RBC Capital Markets, the top…
