The Nasdaq Composite index returned more than 40% in 2020, outperforming all major equity indexes globally.
Positive vaccine news from Pfizer Inc. has had a dramatic impact on capital markets.
After more than a 35% drop at the March lows, the S&P TSX index has rebounded. Revenue of companies fell modestly in the second quarter.
The relatively new market of “green bonds” has rapidly expanded in the past couple of years. Issuance climbed to more than $40 billion in 2015 from around $1 billion in 2012.