
Episode 138 - Canada’s Midmarket: Managing Through the Trade War
Jul 4, 2025
13:08
As tariff threats loomed in early 2025, export-dependent Canadian midmarket businesses worried about what would happen next. In this podcast, Mario Nigro speaks with Andrew Gowan of National Bank about what he’s seeing in midmarket M&A as the new reality sinks in. Many of his entrepreneurial clients – even those that rely on the export market – are working through the situation with the help of Andrew and his team, who remain focused on supporting the midmarket. Tighter due diligence and careful analyses of cross-border exposures are now standard, but lenders are still competing for good deals. Andrew notes that consolidation opportunities are particularly attractive in Canada’s vast lower midmarket.
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