The Financial Post reports in its Friday, Aug. 4, edition that amid a dearth of new share sales in Canada, the listing of two major energy businesses on the Toronto Stock Exchange will turn out to be a relative disappointment, leaving investors wanting more. A Bloomberg dispatch to the Post reports that TC Energy announced on July 28 that it will spin off its liquids business, while private Strathcona Resources said Tuesday it is listing its own shares on the Toronto Stock Exchange. Problem is, Strathcona is selling only a fraction of its total equity, while TC Energy is filling its slow-growing liquids unit with debt before the sale, making both less attractive to investors. That means the two deals are unlikely to transform the Canadian equity financings market. Companies have raised just $5.4-billion (U.S.) through initial public offerings and secondary listings in Canada in the first half of 2023, down 54 per cent from a year ago. "It's a missed opportunity," Eight Capital analyst Phil Skolnick said of Strathcona Resources' decision to sell just 9 per cent of its equity at a time when there is interest in the space. "You're not going to get a lot of the big investors because the float is not large enough."