Jin, Yi2013-08-272013-08-2720032003http://hdl.handle.net/10393/25150In this paper I use recent Canadian stock market data to test the SLMB Capital Asset Pricing Model. I apply the same methodology as Fama and Macbeth (1973) but cannot obtain conclusions similar to theirs. Fama and Mcbeth find that there exists a strong lienEmpirical Tests of the Capital Asset Pricing Model