All posts tagged: capital markets

Ambitious measures outlined to spur Quebec companies to enlist in stock exchanges

Quebec’s flagging public small and medium-sized financing ecosystem must be bolstered to incite companies to enlist in stock exchanges, spur business to grow faster, and restore Montreal’s status as a major financial centre, according to a report by a working group that received financial and logistical support by the Quebec Order of CPAs.

A blue-ribbon panel of some 30 experts, hoping to “re-energize” Quebec’s languishing public corporate finance ecosystem, issued a series of “ambitious” recommendations calling for a series of tax breaks and incentives, the simplification of accounting and regulatory requirements for public SMEs, inducements to encourage the hiring of analysts based in Quebec and specialized in the SME public market, and have the Toronto stock exchanges set a target of 20 per cent of listings originating from Quebec.