Canadian IPO Market Outlook
Will IPOs break through the economic clouds in 2019?
Now that 2018 is behind us, it is time to take “stock” of what happened in 2018 and what that means for the capital markets and IPO activity in 2019 here in Canada. As 2018 drew to a close, North American markets were characterized by anxiety, uncertainty, and apprehension. While both the TSX and S&P 500 ended the year in negative territory, this does not tell the whole story. For most of the year, 2018 was a strong IPO new issue environment in North America, albeit more muted in Canada, supported by relatively low volatility and constructive equity markets.
In the current edition of Canadian IPO Market Outlook, Deloitte looks at notable trends from the past few months of 2018, and looks forward to what 2019 may hold for prospective issuers, investors and markets.
Read about the key themes and observations in our report.