The Globe and Mail reports in its Thursday edition that tariff threats did not spoil corporate Canada's appetite for deal making and fundraising over the past three months. The Globe's Jameson Berkow writes that stock sales and merger and acquisition activity both soared in the second quarter. Borrowing activity appeared to be the sole casualty of the continental trade war, with corporate debt issuance from early April to late June totalling $22.6-billion, fully one-third below the same period in 2024, though still roughly in line with the most recent 10-year average. While the latest total remains 25.8 per cent below the most recent 10-year average for Q2 stock sales -- $9.24-billion -- Jackie Nixon at RBC Capital Markets said there is evidence of growing upward momentum. RBC, which was the top investment bank for equity issuance during the first half of the year, led two acquisitions in June: a $385-million private placement for Definity Financial and a $2-billion bought deal for Keyera. "The response to both was overwhelmingly positive in terms of investor engagement and both traded very well in the aftermarket," Ms. Nixon said. Private companies are also starting to more seriously consider going public, she said.