Canada's Stock Market: Shrinking Companies, Rising Values

Canadas Stock Market: A Shrinking Pool of Public CompaniesThe Canadian stock market is experiencing a concerning trend: the number of publicly traded companies is declining for the fourth consecutive year, despite the overall markets exceptional performance. The Toronto Stock Exchange and the junior TSX Venture Exchange are seeing more delistings and private takeovers than initial public offerings. Since 2008, the number of companies listed on the TSX has dropped by 45%, with over $100 billion worth of Canadian firms going private or being sold. Institutional investors are eager for larger initial public offerings, but the market often rewards companies for staying private. However, theres growing optimism for a resurgence in initial public offerings next year, with several high-quality private Canadian companies considering going public.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.