Over the past few years the US’s tried-and-trusted sources of cross-border M&A work have added another name: Canada.
Of course, there have always been significant workflows north and south of the border. But recent years have seen an explosion of major deals, including the highly controversial $48bn (£24.55bn) buyout of Bell Canada Enterprises.
As we highlighted earlier this year in The Lawyer Transatlantic Elite, several Canadian law firms featured prominently in the 2007 M&A league tables.
That backdrop makes the decision by Canada’s minister of industry to block a significant proposed foreign takeover of a Canadian business all the more dramatic.
This Canada Special Report examines that decision and its consequences, while also taking a look at a more traditional growth area of Canadian business: public-private partnerships.