Accessibility/Mobile Features
Skip Navigation
Skip to Content
Editorial News
Business
Classified Sites

The Canadian Press - ONLINE EDITION

Canadian IPO market rebounds in Q2 with six new issues worth $2.3 billion: PwC

TORONTO - Canada's market for initial public offerings bounced back in the second quarter following a near-collapse at the start of the year, suggests a report by PwC.

The firm says the second quarter saw six new issues, which raised a total of $2.3 billion on the Toronto Stock Exchange.

The companies were led by PrairieSky Royalty Ltd. (TSX:PSK) which raised $1.4 billion, the largest single placement since the $1.3 billion Athabasca Oil (TSX:ATH) raised in 2010.

The second quarter was in sharp contrast to the first quarter, which saw no new offerings on the TSX, Canada's largest stock market.

The optimism did not translate to the TSX Venture Exchange, home to many small resource companies.

PwC says the junior exchange did not see any new issues in the second quarter. In the first quarter, the TSX Venture Exchange had two new issues worth $3.8 million.

  • Rate this Rate This Star Icon
  • This article has not yet been rated.
  • We want you to tell us what you think of our articles. If the story moves you, compels you to act or tells you something you didn’t know, mark it high. If you thought it was well written, do the same. If it doesn’t meet your standards, mark it accordingly.

    You can also register and/or login to the site and join the conversation by leaving a comment.

    Rate it yourself by rolling over the stars and clicking when you reach your desired rating. We want you to tell us what you think of our articles. If the story moves you, compels you to act or tells you something you didn’t know, mark it high.

Sort by: Newest to Oldest | Oldest to Newest | Most Popular 0 Commentscomment icon

You can comment on most stories on brandonsun.com. You can also agree or disagree with other comments. All you need to do is register and/or login and you can join the conversation and give your feedback.

There are no comments at the moment. Be the first to post a comment below.

Post Your Commentcomment icon

Comment
  • You have characters left

The Brandon Sun does not necessarily endorse any of the views posted. Comments are moderated before publication. By submitting your comment, you agree to our Terms and Conditions. New to commenting? Check out our Frequently Asked Questions.

letters

Make text: Larger | Smaller

Brandon Sun Business Directory
The First World War at 100
Why Not Minot?
Welcome to Winnipeg

Social Media

Canadian Mortgage Rates