Toronto Wants to Woo Foreign Listings Despite Trump Market Chaos
John McKenzie, CEO of the TMX Group.
Photographer: Christinne Muschi/BloombergThis article is for subscribers only.
The head of the Toronto Stock Exchange is counting on recent market volatility to sway some companies towards listing in Canada this year, even as tariff-fueled uncertainty dries up risk appetite across the globe.
US listings have dwarfed Canadian ones for years, with companies drawn to larger capital pools, lower regulatory burdens and a better-performing market in New York. But recent market turbulence — which has hit US stocks harder than Canadian ones — could bolster Canada’s appeal for some companies, said John McKenzie, CEO of the TMX Group.