The 2009 edition of the Canadian BusinessInvestor 500 is now out, and what a difference a year makes. The list covers Canada’s largest 500 public companies by market capitalization so includes about 97% of the Canadian domiciled market cap on public exchanges. For the 12 months ended April 3, 2009, the average total shareholder losswas 32.8%. This compares to total returns of 13.6% in 2008 and 33.9% in 2007. To get on the I500 this year, a company needed at least $94 million in market capitalization, down from $221 million last year. Total market capitalization in 2009 was $1.15 trillon, down by $550 billion from 2008. How can one identify with $550 billion. Here’s a few different ways to look at this amount.
- In loonies stacked equals the 2.5 times the distance from the earth to the moon.
- Equal to almost $62,000 for each Canadian family in the 2006 census.
- Only 23 countries had a GDP greater than C$550 million according to the IMF.
- At the Stats Canada average of $42,692, the annual wages of 12,884,000 Canadians.
In addition to the main rankings, we list stocks according to growth, value, turnaround, defensive, income trusts, best managed, cash flow, dividends and the top 25 stocks in several catgories. If you read the magazine for the articles, Joe Castaldo, Jeff Sanford, Sarka Halas, Sharda Prashad, Andrew Wahl, Thomas Watson, Matthew McClearn and Calvin Leung all make very powerful contributions.