- Economy, Law & Politics | Business in Vancouver

Ranked by size of the deal in CAD

Published April 5, 2021. Sources: Interviews with companies below, agents and/or advisers and BIV research. Foreign currency has been converted using Bank of Canada's closing rate on date of deal closure. NP = Not provided

Scroll to the end to download the entire list, as well as versions from previous years. One of two lists that make up the Top 100 Corporate Finance Deals of 2019; see also biggest B.C. (non-mining) mergers and acquisitions of 2021.

For mining M&As, see biggest B.C. mining mergers and acquisitions of 2021.

Rank '22	Recipient company	Sector	Date deal announced/closed	Deal description	Partial list of law firms involved	Partial list of underwriters and avisers involved	Deal value in CAD
1	Province of British Columbia NP www2.gov.bc.ca/gov/content/home	Government	NP July 20, 2021	US$2.50 billion bond offering	Osler, Hoskin & Harcourt	RBC Capital Markets, BMO Capital Markets, Deutsche Bank AG, London Branch, National Bank of Canada Financial and TD Securities (USA) LLC	$3.1 billion
2	Province of British Columbia NP www2.gov.bc.ca/gov/content/home	Government	January 21, 2021 January 29, 2021	The Province of British Columbia closed an offering of US$1.75 billion aggregate principal amount 1.3% bonds	Osler, Hoskin & Harcourt	RBC, BMO Scotia Capital (USA) Inc, TD Securities (USA) LLC, NBC, CIBC, BofA Securities, Inc, Cr̩dit Agricole Corporate and Investment Bank, Deutsche Bank AG	$2.19 billion
3	TELUS International TSX:TIXT, NYSE:TIXT www.telusinternational.com	Software technology	January 8, 2021 February 5, 2021	US$1.1 billion initial public offering	Shearman & Sterling LLP / Osler, Hoskin & Harcourt LLP	NP	$1.36 billion
4	TELUS TSX:T www.telus.com	Telecom	March 25, 2021 March 31, 2021	$1.3 billion equity offering	Norton Rose Fulbright Canada LLP / Paul, Weiss, Rifkind & Garrison LLP	Scotiabank, TD, RBC, CIBC, NBF, JP Morgan, Wells Fargo, Canaccord, Morgan Stanley	$1.3 billion
5	Mercer International Inc MERC:NASDAQ www.mercerint.com	Forest products	January 14, 2021 January 26, 2021	US$875,000,000 offering of senior notes	Sangra Moller LLP	NP	$1.09 billion

Want access to the full list and database?
Upgrade to a paid subscription.

We are glad you are enjoying BIV.com.
To get unlimited access to all of our online features, upgrade today.

Already a member? Login

Biggest stock and debt deals in B.C. in 2021

Ranked by size of the deal in CAD

Want access to the full list and database? Upgrade to a paid subscription.

Want access to the full list and database?
Upgrade to a paid subscription.