Canadian IPO market poised for rebound after worst year since 1994 – The Globe and Mail

Although the Canadian IPO market in 2023 experienced its worst year since 1994, Rosalind Hunter, partner and Co-Chair, Capital Markets, has noted optimism for the year ahead in conversations she and her team have had with bankers who typically handle IPOs, she says in an interview with The Globe and Mail.

“We have felt that change in tone where they have a more positive outlook on deal activity for 2024,” says Rosalind.

Companies that had wanted to go public in 2023, or even earlier, have started rebuilding their IPO plans. Anchored by calming markets and rising investor confidence, private companies have initiated reaching out to lawyers and bankers in hopes of advancing their go-public plans.

If you have a subscription to The Globe and Mail, you can read the full article by author Jameson Berkow published on January 2, 2024.