The Toronto Stock Exchange (TSX) has been outperforming Wall Street significantly throughout 2025, a trend that has continued into December. The TSX composite index has been hovering around all-time highs and is on track for one of its best years in modern history. 2025 Performance Highlights Year-to-date (YTD) gains: As of early December 2025, the S&P/TSX Composite Index was up an impressive 27-30% (in local currency terms). Comparison to Wall Street: This significantly outpaced the S&P 500, wh