Osler Deal Points Report finds Canada’s venture recovery was uneven in 2025

Osler’s 2025 Deal Points Report signals a Canadian venture market in recovery, with a catch. The report, based on 140 preferred share financings the Canadian law firm worked on in 2025, found aggregate deal value rose by 22 percent year-over-year to $6.3 billion CAD. “I look at this and see recovery, but it’s not uniform across sectors, and it’s not uniform across stages.” Justin Young, Osler Across the full dataset, Osler reviewed 686 preferred share financings from 2021 to 2025, representing m