In value terms, M&A activity in Canada decreased by 79% in Q1 2024 compared with the previous quarter’s total of $2.3bn and rose by 478% as compared to Q1 2023. Related deal volume increased by 7% in Q1 2024 versus the previous quarter.

The top-ranked legal advisors supporting these M&A deals in Canada in Q1 2024 were Gowling WLG International with 2 deals respectively.

For further understanding of GlobalData's Power Industry Mergers and Acquisitions Deals by Top Themes in Q1 2024 – Thematic Intelligence, buy the report here.

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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.

GlobalData’s Deals Database tracks global deal activity, including mergers, acquisitions, capital raising, strategic alliances, and licensing agreements. Proprietary analysis is used to group deals into key thematic areas and granular sectors across the world’s largest industries.

This analysis considers only announced and completed deals from the GlobalData financial deals database and excludes all terminated and rumoured deals. Deal type includes Acquisition, Asset transactions and Mergers.