The Globe and Mail reports in its Monday edition that Canada Goose Holdings may lose its place in the country's flagship stock index. The Globe's Andrew Willis writes that S&P Dow Jones Indices is expected to announce plans to tweak the S&P/TSX Composite Index on Friday in its quarterly rebalancing. Canada Goose, which has a $1.5-billion market capitalization, listed on both the Toronto and New York stock exchanges when it went public in 2017. Chief executive officer Dani Reiss built the brand around a "Made in Canada" mantra, with marketing campaigns based on preserving polar bears and sponsorships that outfitted Canadian mountain climbers. However, most trading in Canada Goose now takes place on the New York Stock Exchange, where daily volumes average 688,000 shares, compared with 173,000 shares of Canada Goose changing hands on the Toronto Stock Exchange. As a result, Canada Goose and up to three other companies could be dropped from the domestic index, says Scotiabank analyst Jean-Michel Gauthier. Ballard Power Systems, Africa Oil and Westshore Terminals Investment are also expected to be removed from the equity benchmark, Mr. Gauthier predicted. He sees Bird Construction joining the S&P/TSX Composite.