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Law Times quotes Stephen Kerr in article on protectionism and commercial trade transactions

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“Focus: Protectionist rhetoric could help Canadian companies” by Shannon Kari, Law Times.

Law Times quotes Toronto lawyer Stephen Kerr in an article on protectionism and commercial trade transactions.

“Regardless of who is president, there are other factors that determine whether it is a favourable climate for commercial transactions,” says Stephen Kerr, senior partner in the Financial Institutions and Mergers & Acquisitions groups at Fasken Martineau LLP in Toronto.

“What drives M&A in Canada are two things, commodity prices and foreign exchange,” says Kerr. “Recoveries in the resource sector and more pipeline projects could create a lot of activity in terms of transactions,” he suggests.

“The uncertainty over the behaviour of Trump and his protectionist rhetoric is something that may actually benefit Canadian companies,” says Kerr.