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SPACs were all the rage in U.S. investing this year. Could the trend return to Canada in 2021?

Article content The exuberance investors showed toward special-purpose acquisition companies, or SPACs, was one of the U.S. business trends of 2020. The last year has seen some of the country’s best-known investors, including hedge-fund owner Bill Ackman and venture capitalist Chamath Palihapitiya, launch SPACs of their own, with Ackman’s Pershing Square Tontine Holdings raising US$4 billion in July, making it the biggest to date. That excitement hasn’t made it north of the border, howeve...
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