canadian
The current uncertainty caused by rising interest rates and still-high inflation has prompted Canada’s big banks to increase their loan-loss provisions. Even so, those provisions remain well below their 2020 pandemic peaks.
ROYAL BANK OF CANADA $140 is a buy. The bank (Toronto symbol RY; Conservative Growth and Income Portfolios, Finance sector; Shares outstanding: 1.4 billion; Market cap: $196.0 billion; Price-to-sales ratio: 3.9; Dividend yield: 3.8%; TSINetwork Rating: Above Average; www.rbc.com) recently agreed to pay $13.5 billion in cash for the Canadian operations of U.K.-based HSBC Holdings plc (New York symbol HSBC)....
Through a series of sharp interest rate increases to curb inflation, the Bank of Canada raised its benchmark rate from just 0.50% in March 2022 to today’s 4.50%.
Higher interest rates are generally good news for banks, as those lenders earn higher interest rates on their loans....
Higher interest rates are generally good news for banks, as those lenders earn higher interest rates on their loans....
CANADIAN NATIONAL RAILWAY CO., $160.66, Toronto symbol CNR, is a buy.
CN operates Canada’s largest railway. Its 29,900-kilometre network stretches across the country. It also travels down through the U.S. Midwest, connecting Canada to the Gulf of Mexico.
Starting with the March 2023 payment, CN will raise your quarterly dividend by 7.8%....
CN operates Canada’s largest railway. Its 29,900-kilometre network stretches across the country. It also travels down through the U.S. Midwest, connecting Canada to the Gulf of Mexico.
Starting with the March 2023 payment, CN will raise your quarterly dividend by 7.8%....
IMPERIAL OIL LTD., $70.33, is a buy. The company (Toronto symbol IMO; Shares o/s: 584.2 million; Market cap: $42.5 billion; TSINetwork Rating: Average; Dividend yield: 2.5%; www.imperialoil.ca) is Canada’s third-largest publicly traded oil company after Canadian Natural Resources (No....
ISHARES S&P/TSX REIT INDEX ETF, $18.40, is a hold. The ETF (Toronto symbol XRE; buy or sell through brokers; ca.ishares.com) lets investors tap all 18 Canadian real estate investment trusts in the S&P/TSX REIT Index....
We have singled out two stocks and one ETF as your #1 buys for 2023. Each offers investors long-term growth prospects at a reasonable price. Meanwhile, all three successfully weathered the pandemic and are poised for solid gains as economic growth rebounds.
BANK OF NOVA SCOTIA, $72.35, is a #1 Buy for 2023. The lender (Toronto symbol BNS; Shares outstanding: 1.2 billion; Market cap: $85.8 billion; TSINetwork Rating: Above Average; Dividend yield: 5.7%; www.scotiabank.com) is Canada’s fourth largest bank.
Due to rising interest rates and inflation, in its fiscal 2022 fourth quarter, ended October 31, 2022, Bank of Nova Scotia set aside $529 million to cover future loan losses....
BANK OF NOVA SCOTIA, $72.35, is a #1 Buy for 2023. The lender (Toronto symbol BNS; Shares outstanding: 1.2 billion; Market cap: $85.8 billion; TSINetwork Rating: Above Average; Dividend yield: 5.7%; www.scotiabank.com) is Canada’s fourth largest bank.
Due to rising interest rates and inflation, in its fiscal 2022 fourth quarter, ended October 31, 2022, Bank of Nova Scotia set aside $529 million to cover future loan losses....
A: The BMO Low Volatility Canadian Equity ETF, $41.20, symbol ZLB on Toronto (Units outstanding: 71.1 million; Market cap: $2.9 billion; www.etfs.bmo.com), provides exposure to a low beta-weighted portfolio of Canadian stocks....
TSX blue chip stocks are well-established companies with attractive business prospects and trading on the Toronto Stock Exchange.
CANADIAN TIRE CORP., $161.89, Toronto symbol CTC.A, is a top pick for 2023.
Investors benefit from the company’s 504 Canadian Tire stores. They sell automotive parts and services, and household and sporting goods; franchisees run most of the locations....
Investors benefit from the company’s 504 Canadian Tire stores. They sell automotive parts and services, and household and sporting goods; franchisees run most of the locations....
CANADIAN NATIONAL RAILWAY CO., $157.51, Toronto symbol CNR, remains a buy.
CN operates Canada’s largest railway. Its 29,900-kilometre network stretches across the country. It also travels down through the U.S. Midwest, connecting Canada to the Gulf of Mexico.
The company’s revenue in the fourth quarter of 2022 rose 21.0%, to $4.54 billion from $3.75 billion a year earlier....
CN operates Canada’s largest railway. Its 29,900-kilometre network stretches across the country. It also travels down through the U.S. Midwest, connecting Canada to the Gulf of Mexico.
The company’s revenue in the fourth quarter of 2022 rose 21.0%, to $4.54 billion from $3.75 billion a year earlier....