TSX – Toronto Stock Exchange

The Toronto Stock Exchange or simply TSX is the biggest Canadian stock exchange. The Toronto Stock Exchange is one of the most important pillars in the Canadian equity capital market. TSX is owned and operated by TSX Group based in Toronto, and servers the senior Canadian equity market.

The Toronto Stock Exchange was incorporated in 1978 by an act of the Legislative Assembly of Ontario. Toronto Stock Exchange merged with the Standard Stock and Mining Exchange in 1934 and the new company retained the name Toronto Stock Exchange. In 2001 TSX acquired the Canadian Venture Exchange (The Canadian Venture Exchange was a result of a merger between the Vancouver Stock Exchange and the Alberta Stock Exchange). The Canadian Venture Exchange was renamed to TSX Venture Exchange.

Companies listed on TSX

The largest Canadian companies are listed on TSX including the top 5 Canadian Banks – RBC, TD Bank, Scotiabank, CIBC and BMO. The Toronto Stock Exchange is also home to many natural resource companies. TSX is home of Air Canada – the Canadian national airline.

Both TSX and TSX Venture Exchange are the top world exchanges in the mining sector, listing over 1300 mining companies. TSX is home of senior gold mining companies like Newmont Mining Corporation of Canada Limited, Barrick Gold Corporation, Kinross Gold Corporation, and Agnico-Eagle Mines Ltd. The TSX Venture Exchange lists hundreds of junior gold exploration companies. The TSX has lots of energy companies as well like Cameco – the world largest uranium producer, Canadian Oil Sands Trust, Suncor Energy Inc., Imperial Oil Limited, and EnCana Corporation.

TSX is the leading Canadian stock exchange, which ranks third in North America and 7th in the world by market capitalization. Toronto Stock Exchange and TSX Venture Exchange list companies from a wide range of industry sectors, including mining, oil & gas, technology, manufacturing and financial services.