Deloitte sees Canada's oilpatch as ripe for deals once turmoil blows over
Canada’s oilpatch could see a surge in mergers and acquisitions later this year if geopolitical tensions ease and stabilize oil prices, according to a Deloitte report. Recent volatility driven by conflict in the Middle East has widened the gap between buyers and sellers, making deals difficult despite prices remaining higher than prewar levels. Analysts say Canada’s energy sector — particularly natural gas regions like Montney and Duvernay — remains highly attractive to investors, with stronger deal activity expected if markets settle.
