The Financial Post reports in its Saturday edition that Canadian stocks are enjoying a broad-based rally this year, in contrast to U.S. equities, which have been carried by just a handful of names. The Post's Geoffrey Morgan and Stephanie Hughes write that for every stock that has fallen on the benchmark in Toronto, two have advanced year-to-date, revealing a strong foundation beneath a rally in the S&P/TSX Composite Index. A version of the index that strips out market-cap bias has jumped 11 per cent this year, outperforming its cap-weighted peer at home and the equal weight S&P 500 Index in the U.S. "In Canada, you have had more opportunity within every sector to find names that have worked," said Mike Archibald at AGF Investments. The largest firms based on market value have actually held back the equity markets in Canada. Shopify, TD Bank and BMO have acted like boat anchors on the Toronto market-weight index. The country's Big Three telcos -- BCE, Rogers and Telus -- have also been a major drag. While the S&P 500 has outperformed Toronto this year, now strategists see more upside in the Canadian benchmark, with 12-per-cent gains expected versus 6.5 per cent for the S&P 500 over the next 12 months.