Shopify Shares Surge To Overtake RBC As Canada’s Largest Stock
The Shopify logo appears on a smartphone screen with the flag of Canada as the background on a laptop screen in this photo illustration in Athens, Greece, on August 6, 2025. Shopify Inc. surges Wednesday to become the most valuable company in Canada after reporting what Citigroup calls a 'blowout' quarterly performance. The e-commerce provider's market capitalization rises to C$275 billion, surpassing Royal Bank of Canada in value once again. (Photo by Nikolas Kokovlis/NurPhoto)