In geopolitical terms, there has been nothing to compare with 2016 since the end of the Cold War. Neither Brexit nor the election of President Trump was expected. The potential impact of either event, let alone both, could reasonably be anticipated to have given rise to inertia, confusion and uncertainty. In fact, M&A has been remarkably robust.
Market observers predict an increase for M&A in Canada’s oil & gas sector for 2017. Key drivers for sector activity include the search for new technologies to reduce costs and emissions as well as ongoing interest from E&P and private equity firms.