The volume of Canadian merger and acquisition activity held up in the first quarter, even as the value of dealmaking dropped amid fewer “mega” deals, according to new data from Toronto-based investment bank Crosbie & Co. Inc. There were 680 M&A deals announced in the first quarter, up slightly from 672 in the previous quarter — and up more decisively from the 615 deals recorded in the first quarter of 2025 — the firm reported. The increase conti…
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