Canada’s Stock Market Sees Energy Industry Deepen Its Dominance
- TSX30 top-performers list is oil and gas producers’ showcase
- Energy weighting in broader index climbs to 18.2% since 2021
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The Toronto Stock Exchange’s new list of top-performing stocks shows that one of Canada’s dominant industries — oil — is becoming even more so.
Two-thirds of the companies in the TSX30 unveiled Tuesday, highlighting the 30 best stocks over the last three years, are in oil and gas, including seven of the top 10. The No. 1 performer, Paramount Resources Ltd., has climbed a whopping 1,913% in that period.