Q3 2018 Canadian IPO Market Review
IPO market in a holding pattern
Subdued IPO volume trends continued in Canada, with only one new issuer completing its IPO during the third quarter. South of the border, the story was very different: IPO markets saw the busiest August since 2013, with 10 IPOs being priced. Furthermore, it’s expected 2018 will be the best year for US IPOs since 2014, exceeding the annual average since 2000 by 25%. The performance of the US equity markets stands out relative to other global equity markets, including Canada’s, where uncertainty about trade continues to weigh on the global growth outlook and on investor sentiment.
Read about the key themes and observations in our report.