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Weakened Loonie Fuels U.S. Takeover of Canadian Tech
The weakened Canadian dollar, driven by President Trump's tariff threats, is fueling a surge in U.S. acquisitions of Canadian tech companies, with 273 mergers and acquisitions totaling $9 billion in 2024 alone, and this trend is expected to continue into 2025.
Weakened Loonie Fuels U.S. Takeover of Canadian Tech
The weakened Canadian dollar, driven by President Trump's tariff threats, is fueling a surge in U.S. acquisitions of Canadian tech companies, with 273 mergers and acquisitions totaling $9 billion in 2024 alone, and this trend is expected to continue into 2025.
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