The Financial Post reports in its Friday edition that the U.K. stock market is falling behind Canada in value of listed companies, dealing yet another blow to London's meandering equity market. A Bloomberg dispatch to the Post says that market values in Canada have surged 11 per cent so far this year to $3.22-trillion (U.S.). The value of firms on the Toronto Stock Exchange and the broader Canadian equity market is now neck-and-neck with the United Kingdom. The data exclude foreign depositary receipts and exchange-traded funds in both markets. The move took the U.K. to seventh place on a list of global stock markets by value, behind the United States, China, Japan, Hong Kong and India, which surpassed the United Kingdom in 2021. Paris also overtook the London market in 2022, but political turmoil in France allowed the United Kingdom to reclaim its spot as the largest equity market in Europe earlier this year. For its part, Canada's stock market briefly surpassed the United Kingdom in September, 2022, during the market chaos of former British prime minister Liz Truss's government, but this time it looks like it could stick. Strategists expect capital to flow into Canadian shares over U.K. stocks in the future.