Vancouver, BC, May 31, 2021--Surging equity markets and a blossoming technology sector fueled the biggest first-quarter crop of initial public offerings by Canadian companies in 15 years. So far this year, 32 Canadian firms have announced IPOs set to raise a combined $3.26 billion, according to data compiled by Bloomberg. The total is more than 10 times the $305.2 million of deals announced by this time last year, and the most for a first quarter since 2006, when $3.58 billion of public offerings were announced.
|