Canadian market pumping

IT IS not only the Australian resources sector which is producing a high number of mining floats with the mining industry in Canada leading the IPO market, yielding 15 companies in the last two quarters, raising C$514 million.

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Research from PricewaterhouseCoopers revealed Canada, in broader terms, was experiencing the highest level of IPOs seen since the dot.com boom, with a total of 47 IPOs raising C$2.7 billion.

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