In the middle of the Euro crisis, when the ECB is holding emergency meetings and Obama decides to hold a press conference at the NASDAQ, it’s a good time to look to global fundamentals for reorienting our portfolios. This means commodities – if there is any growth globally, commodities will soak it up first. And [...]
This week, three more Canadian banks report on their second quarter earnings. While we see only average profit growth (due to less volume growth and tighter margins), capital gains are higher than expected.
Scotiabank’s Q2 Report
Bank of Nova Scotia (TSX: BNS) reports on Tuesday and is expected to give an estimate of $1.15 in earnings per [...]
Not so long ago we were still wondering when the Canadian banks would raise their dividends again, if ever (it seemed) after the 2008-2009 crisis.
Then National Bank led the way, quickly followed by TD.
It’s earnings week for Canadian banks this week, and TD (Toronto Dominion Group) just posted a 23% gain in profits, while raising [...]
When it comes to investing in emerging markets, that’s one area in which you really should play it safe. Not only are you not familiar with any (or most) of the companies, but precisely because some of them may be operating in more politically and geographically unpredictable regions, risk is a higher factor.
With the added [...]
Any American who looks at Canada and sees a mere reflection of the U.S. (or who thinks they already “understand” Canada or know all they need to know about it) is not only predictably ignorant but just as predictably rude. Apologies to the offended – please, do go on and prove that you are the [...]
The dry spell in bank dividends in Canada is officially over. Although Laurentian had raised its dividend shortly after the worst of the crisis was over, it’s not usually considered one of the Big 5 or even Big 6, the members of which are heavily owned by a majority of Canadians through pension plans, RRSPs [...]