Traders work on the floor of the New York Stock Exchange during morning trading in New York on Nov. 19, 2025. Michael M. Santiago/Getty Images
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As implausible as it may seem, the Toronto stock market left its American counterparts in the dust last year, despite Canada’s economy being burdened by U.S. tariffs and grappling with its own productivity issues.
The S&P/TSX Composite Index, which serves as the benchmark for the Toronto Stock Exchange (TSX), has grown twice as much as U.S. equivalents in certain instances, with a notable increase of 27 percent.
