Statistics Canada
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Number of outward M&As highest in 2000

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Year Total % financed by shares Total % financed by shares
% $ millions %
1997 50 12 6,103 13
1998 77 19 32,245 53
1999 63 14 4,486 43
2000 103 29 48,638 60
2001 95 18 24,395 35
2002 59 17 8,365 23
1997- 2002 447 19 124,232 47 
Source: Balance of Payments Division.