Canadian stock sales plunge to lowest level since 1998

https://www.theglobeandmail.com/business/article-canadian-stock-sales-plunge-to-lowest-level-since-1998/

10 Comments

  1. Intrepid_Ad322 on

    Can’t afford to buy investment assets if all your capital is tied up servicing your real estate asset.

  2. Crappy title. Just an FYI, this is about new issues activity, and not about trading activity.

    Edit:. seems a bit redundant to say, but the reference is to new *equity* issues. The article notes that fixed income new issues doubled this year.

  3. divvyinvestor on

    There’s no innovation in the country. Why would I buy crappy Canadian stocks when I can buy equities from the US, the best market on earth.

  4. XEQT.TO is like 2% Canadian equities, and is the only thing that makes sense without switching to USD.

  5. RockyMountainSchrute on

    Well XIU is still up and growing slowly but surely. Maybe individual stocks have dropped but the ETFs I’m in for Canadian exposure are still looking fine sitting at the same peak it was earlier this week

  6. Canada is I think about 2% of world market cap. If you live here earn here and have a house or something you should not be buying Canadian equities. Home bias too strong.
    I basically have no Canadian exposure except bank etf one real estate one railroad and will probably add a telecom. These monopolies not going anywhere.

  7. Wonderful-Pipe-5413 on

    Why buy Canadian stocks when I can buy SPY? Canada is constantly underperforming