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home / news releases / ZCAN - Tech-Tonic Shifts In Canadian Stocks


ZCAN - Tech-Tonic Shifts In Canadian Stocks

By Kurt Reiman, Daniel Donato

Canadian tech's share of the equity market has grown, while energy and other resources sectors have dwindled. But Canada's sector compositional shift to tech is still nascent. Kurt and Daniel discuss the importance of looking globally for secular-growth themes.

Statistics Canada's (StatsCan) Labour Force Survey released last week for the month of April revealed that the Canadian economy shed another 2 million jobs and the unemployment rate rose by 5.2 percentage points to 13%, the largest monthly increase on record. The cumulative impact of COVID-19-related shutdowns - when including Canadians

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Stock Information

Company Name: SPDR Solactive Canada ETF
Stock Symbol: ZCAN
Market: NYSE

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