The largest new issue on the TSX came from BRP Inc., which raised $262 million
The top equity underwriter was BMO Capital Markets
Complete lack of activity in mining is unprecedented
Smaller and medium-sized businesses often have the greatest potential for expansion and innovation
Proceeds would shore up capital requirements of subsidiary Northern Securities
RBC Capital Markets the top ranked underwriter for the year
Nine new issues helped power the final quarter of the year to a total of $1.3 billion in new equity
Last year was the slowest period for global equity capital markets fees since 2003
Technology, financials and industrials were the most active sectors in downbeat 2012
The amount and value of IPOs issued this year are down, but some issuers are waiting on the sidelines