Things are getting worse in Canada, too… but thankfully our honest and upright bankers are stepping back when they know they might do well to forgo a bit of their bonuses. Scotiabank’s CEO lopped off about 2.5 million in his yearly take-home, and Royal Bank’s CEO decided to forgo his stock options for the year.
It’s still a really good time to buy up some Royal Bank, Scotiabank, TD and Bank of Montreal. They’re all still on super-sale, with Scotia under 30 bucks and TD under 40… imagine that. I think it should be my goal to make sure I’m buying some of all of them on sale like this.
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