Shopify just made Canadian stock market history.
With a $276 billion market cap, Shopify is now Canada’s most valuable publicly traded company, passing RBC.
The stock went up +20% this morning, after reporting Q2 profit of $906 million (up from $171 million a year ago).
From local startup to global tech leader… this is what Canadian innovation looks like.
Shopify is a great example of why investors bet on Canadian tech.
They’re not just building websites, they’re building the tools powering global e-commerce.
- AI store builder
- Universal cart (1 checkout, many stores)
- “Catalog” discovery tool
Their tech helps millions sell smarter.
Analysts say AI is Shopify’s growth engine, and today’s 20% stock jump proves it.