Independent research · Canadian equities · Written for U.S. investors

Canada trades at a discount.We investigate where.

Desk notes

What happened, dated and sourced.

Short records of the things that move the research: a quarterly result, a deal, a policy decision, a data release, a market close. Each one cites the document it came from and says in a sentence why a U.S. reader should care. The briefs do the interpreting; the notes keep the record.

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2 notes in The Canadian Discount

September 2026

  1. Data / The Canadian Discount

    TSX issuers raised C$5.93 billion in August, up from C$295 million a year earlier

    TMX Group's August statistics show 29 TSX financings raising C$5,931,925,580, a 1,911% increase on August 2025, and C$18.9 billion year to date; TSX Venture raised C$594.7 million across 77 financings in the month.

July 2026

  1. Policy / The Canadian Discount

    Bank of Canada holds at 2.25% and projects 0.7% growth for 2026

    The policy rate stayed at 2.25% on July 15, 2026; the Bank projects GDP growth of 0.7% this year and 1.8% in 2027 and 2028, with May inflation at 3.2% on oil prices tied to the Middle East conflict.