Deal activity fell in Q2, but not as precipitously as some feared
Solid Q1 likely to be followed by a lengthy drought for deals
Schwab-TD Ameritrade transaction was the largest announced in the quarter
Deal activity was at its lowest level since the third quarter of 2017
Deal volume has now topped 800 for six straight quarters
The number of deals is down from the previous quarter, but the value of transactions has increased
Canada saw 3,415 deals announced last year, up by 14% from 2017
But while both the number and value of deals dropped from the previous quarter, Q2 was the third most active quarter in the past three years
The total number of deals increased in Q4 and in 2016, overall, and the outlook for M&A remains steady