Our rigour, your advantage.
CanadaTorontoOSC / CSACAD

TSX Stock Loans in Canada

Stock loans (securities-backed financing) against shares listed on Toronto Stock Exchange (TSX) — for family offices, founders and controlling shareholders.

01 · The Market
Americas

About Toronto Stock Exchange.

Toronto Stock Exchange is the principal cash-equity venue of Canada. Founded in 1852, it operates under the oversight of Canadian Securities Administrators (provincial commissions, principally the Ontario Securities Commission), and its leading benchmarks are S&P/TSX 60, S&P/TSX Composite. Listing standards are set out in the TSX Company Manual.

Canada’s principal senior listings venue, with a particular weighting to resources, financials, and energy. Cross-listing with US venues is common and creates structuring optionality for borrowers.

02 · Eligibility
For Institutional Positions

What qualifies on TSX.

TSX ranks among the deepest equity pools anywhere; eligibility turns on the stock itself — its free float, daily traded volume, and how concentrated the line is.

For any given TSX position, our review looks at: free float and daily traded volume against the size of the transaction; your status (controlling shareholder, director, substantial shareholder) and the disclosure that follows; the issuer’s sector and listing segment; and what the transaction must do (LTV, tenor, currency, recourse, custody).

03 · Disclosure
OSC / CSA

Framework cited on TSX.

The principal regulatory reference on TSX is Early Warning System under National Instrument 62-104. How it applies to any single transaction — reporting levels, step thresholds — turns on the underlying rules and national-law overlays, which we map against your contemplated transaction at the structuring stage alongside the counsel you appoint.

The citations above are public regulatory references, given for orientation only and not as legal advice. Take independent legal advice in the relevant jurisdiction for any specific transaction.

See the full process →

04 · FAQ
TSX · Stock Loans

What holders ask about TSX.

01How much can I borrow against a TSX-listed holding?
The loan-to-value is set to the specific holding — free float, daily traded volume, volatility, and your regulatory standing. We quote indicative ratios only after reviewing the actual TSX position.
02Which TSX segments can I borrow against?
We look at each case across the segments Toronto Stock Exchange runs: TSX main board; TSX Venture Exchange (junior issuers). Higher tiers are usually simpler to structure, as free float and liquidity are deeper.
03What currency can the facility be drawn in?
The default is CAD, the listing currency. Cross-currency structures are common and readily arranged.
05 · Other Venues
Canada

Other venues.

United States · Brazil · Mexico · Chile

Canada overview →

A particular TSX holding to talk through?

Send a confidential enquiry, and a senior principal will reply within one business day.