The number of public companies being newly listed on Canada’s stock exchange has fallen by 94 percent since 2008, which a new Fraser Institute report says reflects a poor business climate for the country.
“We believe Canada’s economy will suffer if the country’s stock markets remain on the current path leading to a progressively smaller place in the financial system,” the Dec. 18 report said.
According to the report, the number of new Initial Public Offerings (IPOs) on Canadian exchanges—where private companies go public on the stock market and sell shares to institutional investors—declined from an average of 47 per year between 2008 and 2013 to 16 between 2014 and 2024. In 2024, there were only five new IPO listings….