Deals
Toronto Exchange Fights to Keep Stock Listings in Canada Over US
- Life sciences, pharmaceutical firms lead exodus to Nasdaq
- Canada has smaller base of investors for companies to count on
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The Toronto Stock Exchange is in a battle to keep Canadian companies listing their shares at home as a stream of firms opts for US exchanges instead.
Since 2020, nearly two dozen Canadian-headquartered companies have decided to skip the Toronto exchange to list directly on either the Nasdaq Stock Market or New York Stock Exchange, raising close to $1.4 billion in the process.