2015 Canadian Capital Markets Report: Looking Back, Looking Forward

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We certainly do live in interesting times. The beginning of 2015 has correctly borne out many predictions of economic events – with a strengthening U.S. economy, a dip in interest rates in Canada, a drop in value in the Canadian dollar and a shift in regional growth from the west to central Canada all playing a role in Canadian capital market activity. As we all make our way through the current environment, clients, regulators and other market participants learn to adapt to and roll with the times.

Against this backdrop, we are pleased to provide you with an overview of some of the more notable developments in Canadian capital markets in the past year and to share with you our thoughts on those developments and their potential impact for 2015.

  • The combination of an iconic American brand and a flagship Canadian franchise generated tremendous buzz as one of 2014’s mega-deals. Davies worked with Burger King and its other advisers to reinvent a well-known Canadian structure, resulting in a tax-efficient transaction for Burger King’s U.S. stockholders. We explain the intricacies in Whopper of a Deal with a Double-Double Take on the Canadian Exchangeable Share Structure.

Read full article here.

Download report here.

Davies – March 12, 2015

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