{"id":88250,"date":"2021-11-22T20:40:37","date_gmt":"2021-11-22T20:40:37","guid":{"rendered":"https:\/\/funds.palos.ca\/issue-no-47-shopify-takes-the-pole-position-as-canadas-largest-company\/"},"modified":"2021-11-29T19:35:33","modified_gmt":"2021-11-29T19:35:33","slug":"issue-no-47-shopify-takes-the-pole-position-as-canadas-largest-company","status":"publish","type":"post","link":"https:\/\/funds.palos.ca\/fr\/issue-no-47-shopify-takes-the-pole-position-as-canadas-largest-company\/","title":{"rendered":"Issue No. 47 &#8211; Shopify &#8211; Takes the Pole Position as Canada&rsquo;s Largest Company"},"content":{"rendered":"<p>Last Friday, <strong>Shopify Inc. (TSX\/NYSE: SHOP)<\/strong> closed the week\u2019s trading at a record high of CAD$2,139.82 per share. The Ottawa based e-commerce giant, which carries a market capitalization of CAD$268 billion, finds its valuation at the summit in terms of market valuations amongst Canada\u2019s most prominent corporations. Shopify\u2019s cap has surpassed mega-cap peers <strong>Royal Bank of Canada<\/strong> at CAD$188 billion, <strong>Toronto-Dominion Bank<\/strong> (CAD$167 billion), <strong>Brookfield Asset<\/strong> <strong>Management<\/strong> (CAD$167 billion), and <strong>Canadian National Railway<\/strong> (CAD$167 billion).<\/p>\n<p>&nbsp;<\/p>\n<p>Follow us on: <a href=\"https:\/\/www.linkedin.com\/company\/palos-management-inc.\/\"><strong>LinkedIn<\/strong><\/a><\/p>\n<p>&nbsp;<\/p>\n<p>By Charles Marleau CIM<sup>\u00ae<\/sup> and William Mitchell CIM<sup>\u00ae<\/sup><\/p>\n<p><strong><span style=\"color: #000080;\"><a style=\"color: #000080;\" href=\"https:\/\/funds.palos.ca\/wp-content\/uploads\/2021\/11\/Weekly_Commentary_112221.pdf\">Continue Reading in PDF<\/a><\/span><\/strong><\/p>\n<p>By Charles Marleau CIM<sup>\u00ae<\/sup> and William Mitchell CIM<sup>\u00ae<\/sup><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Last Friday, Shopify Inc. (TSX\/NYSE: SHOP) closed the week\u2019s trading at a record high of CAD$2,139.82 per share. The Ottawa based e-commerce giant, which carries a market capitalization of CAD$268 billion, finds its valuation at the summit in terms of market valuations amongst Canada\u2019s most prominent corporations. Shopify\u2019s cap has surpassed mega-cap peers Royal Bank &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"https:\/\/funds.palos.ca\/fr\/issue-no-47-shopify-takes-the-pole-position-as-canadas-largest-company\/\"> <span class=\"screen-reader-text\">Issue No. 47 &#8211; Shopify &#8211; Takes the Pole Position as Canada&rsquo;s Largest Company<\/span> Lire la suite\u00a0\u00bb<\/a><\/p>\n","protected":false},"author":1,"featured_media":88243,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[29],"tags":[],"_links":{"self":[{"href":"https:\/\/funds.palos.ca\/fr\/wp-json\/wp\/v2\/posts\/88250"}],"collection":[{"href":"https:\/\/funds.palos.ca\/fr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/funds.palos.ca\/fr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/funds.palos.ca\/fr\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/funds.palos.ca\/fr\/wp-json\/wp\/v2\/comments?post=88250"}],"version-history":[{"count":0,"href":"https:\/\/funds.palos.ca\/fr\/wp-json\/wp\/v2\/posts\/88250\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/funds.palos.ca\/fr\/wp-json\/wp\/v2\/media\/88243"}],"wp:attachment":[{"href":"https:\/\/funds.palos.ca\/fr\/wp-json\/wp\/v2\/media?parent=88250"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/funds.palos.ca\/fr\/wp-json\/wp\/v2\/categories?post=88250"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/funds.palos.ca\/fr\/wp-json\/wp\/v2\/tags?post=88250"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}