BlackBerry dropped from Canada’s bluechip stock index

Last updated:

Shares in BlackBerry dropped on Monday after being removed from Canada’s bluechip stock index. Shares of BlackBerry were 6% lower at C$6.7 in morning trade.

Index manager S&P Dow Jones Indices said on Friday it will remove BlackBerry and Bombardier from the S&P/TSX 60 index effective Monday.

S&P considers several factors towards the inclusion of a company on an index, including market capitalization and trading liquidity – the shares not held by insiders and are easily available to the public.

BlackBerry shares have lost nearly 20 per cent this year so far. During its heyday, the company enjoyed a market value of about $84 billion, and is worth less than $4 billion today.

BlackBerry and Bombardier are replaced by renewable power company Algonquin Power & Utilities Corp and Canadian Apartment Properties REIT.

My Cart Close (×)

Your cart is empty
Browse Shop

Rapid Mobile

Rapid Mobile uses cookies, tokens, and other third party scripts to recognise visitors of our sites and services, remember your settings and privacy choices, and - depending on your settings and privacy choices - enable us and some key partners to collect information about you so that we can improve our services and deliver relevant ads.


By continuing to use our site or clicking I Accept, you agree that Rapid Mobile and our key partners may collect data and use cookies for personalised ads and other purposes, as described more fully in our privacy policy.


You can change your settings at any time by clicking Manage Settings or by visiting our Privacy Centre for more detailed information.


Privacy Settings saved!
Cookie Services

We need your consent so that we and our trusted partners can store and access cookies, unique identifiers, personal data and information about your browsing behaviour on your device. This enables us to serve relevant content and advertising to you, and to improve the service that we provide to our readers. This only applies to we respect your right to privacy, you can choose not to allow some types of cookies. Click on the different category headings to find out more and change our default settings. However, blocking some types of cookies may impact your experience of the site and the services we are able to offer.

These cookies allow us to count visits and traffic sources, so we can measure and improve the performance of our site.

We track anonymized user information to improve our website.
  • _ga
  • _gid
  • _gat

Save my preferences