S&P Dow Jones Indices loosens Canadian index inclusion criteria Sun, September 13, 2026 at 3:57 PM UTC 0 TORONTO, Sept 13 (Reuters) S&P Dow Jones Indices (S&P DJI) said on Friday it will change the eligibility criteria for S&P/TSX Canadian Indices, with the move potentially opening the door to the inclusion of major copper producer AngloTeck, according to investors. • Under the new criteria, foreign issuers listed on the Toronto Stock Exchange but neither domiciled nor incorporated in Canada could qualify for inclusion if they have a material and substantive connection to Canada.
S&P Dow Jones Indices loosens Canadian index inclusion criteria
Sun, September 13, 2026 at 3:57 PM UTC
0
TORONTO, Sept 13 (Reuters) - S&P Dow Jones Indices (S&P DJI) said on Friday it will change the eligibility criteria for S&P/TSX Canadian Indices, with the move potentially opening the door to the inclusion of major copper producer Anglo-Teck, according to investors.
• Under the new criteria, foreign issuers listed on the Toronto Stock Exchange but neither domiciled nor incorporated in Canada could qualify for inclusion if they have a material and substantive connection to Canada. Previously, only TSX-listed companies domiciled or incorporated in Canada were eligible.
• S&P/TSX Canadian Indices include the TSX Composite, Canada's benchmark stock index.
• Anglo American's $53 billion all-stock merger with TSX Composite company Teck Resources is expected to close between September and March, which would create the world's fifth-largest copper producer.
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• Under the proposed deal, the new company Anglo Teck will be headquartered in Canada but have a primary stock listing in London.
• "It is highly likely that Anglo Tech will be permitted to remain in the S&P/TSX Composite Index under the proposed methodology," said Robert Gill, a portfolio manager at Fairbank Investment Management.
• "Its attachment to Canada remains unusually strong — it brings a substantial Canadian economic footprint, with headquarters in Vancouver and plenty of spending in Canada for the foreseeable future."
• The change comes after a consultation with market participants that was launched in July. Implementation is planned for December 21, 2026.
(Reporting by Fergal Smith; Editing by Aurora Ellis)
Source: "AOL Money"
Source: Money
Published: September 13, 2026 at 07:18PM on Source: MORNING MAG
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