RIM is now Canada’s largest company

Well, the stock rush from yesterday has earned RIM status as Canada’s biggest company by market share value. The Royal Bank of Canada used to hold the spot as top dog on the Toronto Stock Exchange, but after falling to $53.58, RIM’s 1.1% climb was enough to make it king of the hill. Tech hasn’t been this big since Nortel, back in the heady days of 2000, and as both a Canadian and tech enthusiast that’s some pretty good news. Now we just have to wait and see if the Chinese release of BlackBerrys which spurred the rally was worth all the hype. It’s hard to imagine BlackBerry doing poorly over there, but you never know…

Related posts:

  1. Nortel to kit out T-Mobile network for $150 mil
  2. RIM tops Canadian brand rankings
  3. Canada has highest BlackBerry penetration in the world?
  4. Immigration Canada tells employess to put BlackBerrys away
  5. Chunk of Canadian spectrum set aside for the underdog

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