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Bombardier Aside, Canada Dual-Class Shares Are Top Gainers

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  • CCL, Couche-Tard lead gains in family-controlled stocks
  • Bombardier, Teck Resources are among dual-class stock laggards

Regan: Delta Deal A Game Changer for Bombardier

The dual-class share structure that’s stirring controversy at Bombardier Inc. and Alimentation Couche-Tard Inc. has been a runaway winner for many shareholders in Canada.

Canadian stocks with unequal voting rights, often used by families to control companies with only a minority stake, have posted annualized returns of 12 percent over the past 10 years, almost double the 7.1 percent return of their single-class peers, according to data compiled by Bloomberg.