Bloomberg: IPOX® Founder Josef Schuster comments on Canada's Shrinking Stock Market and IPO Outlook

A recent Bloomberg article highlights the continued contraction of Canada's public equity markets, where the number of listed companies has declined for the fourth consecutive year. The report details how delistings and take-private transactions are outpacing new IPOs on the Toronto Stock Exchange (TSX), with the number of corporate issuers dropping by 45% since 2008. Despite these challenges, the article suggests a potential turning point in 2026 as a pipeline of private companies considers going public.

Josef Schuster, Founder and CEO of IPOX Schuster LLC, provided expert analysis in the piece regarding the specific triggers needed to revitalize the Canadian IPO landscape. Schuster noted that while Canadian firms are growing, often listing on US exchanges instead, the domestic market lacks a defining moment to shift momentum.

"We haven’t seen in Canada one landmark deal acting as a catalyst for other companies going public," Schuster said. "What kicks off an IPO market is a strong first deal."

Read the full article by Geoffrey Morgan on Bloomberg: Canada Needs IPOs to Reverse a Shrinking Number of Stocks