Issue No. 47 – Shopify – Takes the Pole Position as Canada’s Largest Company

Last Friday, Shopify Inc. (TSX/NYSE: SHOP) closed the week’s 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’s most prominent corporations. Shopify’s cap has surpassed mega-cap peers Royal Bank of Canada at CAD$188 billion, Toronto-Dominion Bank (CAD$167 billion), Brookfield Asset Management (CAD$167 billion), and Canadian National Railway (CAD$167 billion).


Follow us on: LinkedIn


By Charles Marleau CIM® and William Mitchell CIM®

Continue Reading in PDF

By Charles Marleau CIM® and William Mitchell CIM®

All products and services of Palos Wealth Management Inc and Palos Management Inc. are only available for sale to residents of Canada, unless the laws of a foreign jurisdiction permit sales to its residents. The contents of this site should not be considered an offer to sell or a solicitation to buy products or services to any person in a jurisdiction where such offer or solicitation is considered unlawful.