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Snowmobilers, including some 30,000 tourists from outside the province, spent $940-million in 2011 to zoom around on Quebec’s 32,000 km of trails. (Toby Talbot/AP)
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End of investor fear should ignite Canadian IPO boom
SEAN SILCOFF
— The Globe and Mail
Published
Last updated
If retail investors are truly starting to pile back into equity markets, could a wave of initial public offerings be far behind? A significant return of average investors suggests a possible second leg to the four-year-old bull market – and if so, watch for 2013 to be a breakout year for Canadian IPOs. Of course, the warning would remain the same as it always has for IPO investors: caveat emptor.
