Rant #1 - David's Tea

This post is a bit of a divergent...but also somewhat relevant.

What does it mean to be Canadian?

For one, you get huge exposure to explorer, unexplored, active mines, oil and gas plays, etc.
It is quite easy to invest in many of these areas and a lot of these area's are considered high risk and many of the projects are quite unknown.

Chidliak, for example, is a huge diamond field that is only partially explored and yet not many people in the world know anything about it and for that matter...Canadians themselves know very little of a project like Chidliak.

Peregrine Diamonds is listed on the TSX as it's primary form of listing, so that it can access the very Canadians that actually do know something about that.

The question is, will this always be like this?  Will Canadian's have easy access to projects/companies once they get well known throughout the world.

Lululemon is a very well known yoga clothing store. It started out in Canada and expanded from there.
When they IPO'd the stock, they listed it both in Canada the United States. This would make it easy for the main markets to invest in the stock.
That changed in 2013 when Lulelmon stated:

"The minimal trading volume of its shares on the TSX no longer justifies the expenses and administrative efforts associating with maintaining this dual listing," the company said.

Canadian investors were knocked out a rung as not being an important enough world wide player once a company gets to a certain size.

This point is very relevant as this past Friday (June 5th, 2015), a very well known (in Canada) chain called David's Tea just IPO'd.
This company is based in Montreal, Quebec (Eastern Canada).

Canadian's should have full access to invest this company that they regularly go sip a hot cup of tea from.

However, this is not the case as David Tea's is just listing across the border in the US under the symbol DTEA.
On top of that, the company intends to open 20 to 25 new stores in Canada and only 10 to 15 store in the US.

David Tea's has foregone the TSX listing and probably for the same reason Lululemon left the TSX listing a couple of years back.
Why bother.

The question does become, as a resource nation, will these resource companies one day find it easier to list in the US and skip the Toronto and Canadian investment banking market altogether. It is starting to look like that.

Will a project like Chidliak or a company like Peregrine Diamonds list a main foreign exchange and delist altogether from the Canadian listing? Assuming, it gets very well known, nothing would be stopping it.

Beyond the TSX (or TMX), there are a handful of other exchanges. The whole industry in that area is disjointed as well as the companies investing in Canadian companies.

David's tea IPO was led by Goldman Sachs Group Inc., J.P. Morgan Chase & Co. and Bank of America Corp.  Do not see any Canadian institutions helping out with the IPO.
Not only are they saying who cares to the canadian investors..it may be more like that they are saying that Canadian institutions are not worthy of helping out with the IPO. They usually charge a 5% commission on top of a sweet deal and offer very little in return. I believe many of Resource companies probably will concur with this statement.