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Re: H_dog_taco post# 4017

Thursday, 05/02/2019 11:28:17 PM

Thursday, May 02, 2019 11:28:17 PM

Post# of 7464
From what Wiki provides, unlike its listing in the US, TSX is a "big board" for companies over $ 5. The board CNBX is currently listed on in the US is the OTC, which is $ 5 and less. So being forced to comply with big board laws, etc is a great step forward and allows them to be on a bigger pps board. Here is an excerpt from Wiki with a link below. Thanks for the TSX info HDT!!! Jim

As of December 2017, Toronto Stock Exchange had 1,501 listed issuers (including ETFs and other structured financial products) with a combined market capitalization of CAD $2,968,589,908,968.[16]

The exchange is home to all of Canada's Big Five commercial banks—Canadian Imperial Bank of Commerce (CIBC), Bank of Montreal, Bank of Nova Scotia, Royal Bank of Canada and the Toronto-Dominion Bank—making the exchange the centre for banking in the country. This was seen as being most evident during the proposed mergers of Royal Bank with Bank of Montreal, and CIBC with the Toronto-Dominion Bank in 1998. Then Finance Minister Paul Martin blocked the mergers to preserve competition.

The exchange is the primary listing for several energy companies including; Cameco, Canadian Natural Resources, Encana, Husky Energy, Imperial Oil and Nexen all within the top 40 companies listed in on the exchange.

Many of the large companies listed on the TSX, especially those on the S&P/TSX 60 index, have a secondary listing on an American exchange such as the New York Stock Exchange.

https://en.wikipedia.org/wiki/Toronto_Stock_Exchange