Investing has some universality to it, right? From Afghanistan to Zimbabwe, the human propensity for deferring today’s consumption to build tomorrow’s fortune should be largely the same. Of course, the real world is more complicated than that. In some nations, such as Japan in the 1980s, citizens saved so much of their income that the government actually encouraged them to spend more profligately. In other countries, populations employed mostly in subsistence agriculture barely have the means to save. However, what if we were to compare two similar charter members of the developed world? Two countries that share a language, much of the same culture, and a 5,525-mile border?
Key Takeaways
- Canadian markets such as the TSX Venture Exchange list many small companies whereby it’s a venture capital marketplace.
- U.S. markets are larger and more liquid with more sectors and companies for investors.
- Canadian banking and healthcare industries are stable, whereby the top five banks hold 85% of the country’s banking assets.
Neighbors to the North
Canadians’ doubtless objections notwithstanding, their nation and the United States are more similar than they are different. Our institutions are mostly trustworthy and secure, at least compared to those of most of the rest of the world, and both countries rank in the top 25 in the Heritage Foundation’s 2022 Index of Economic Freedom.
Despite similarities in economic standing, Canada’s financial market has experienced its fair share of unpredictable events that would even surprise its bordering neighbor.
Canadian Financial Markets
The TSX Venture Exchange (TSXV) is a venture capital marketplace, headquartered in Calgary, Alberta, with offices in Toronto, Montreal, and Vancouver, British Columbia. In other words, the exchange provides venture companies with access to capital while simultaneously protecting investors. The exchange belongs to its parent TMX group, as does the Toronto Stock Exchange, where the most senior equities are traded. Lees verder
