Many financial stocks, and especially banks, suffered big drops in early 2023. That was after the high-profile failures of several U.S. regional banks, including Silicon Valley Bank.
Going forward, the outlook for Canadian banks is more stable than for U.S. banks. That’s due to more-conservative regulators… Read More

Royal Bank is the partner of BlackRock for the distribution of the iShares ETFs in Canada. But the Royal Bank platform also hosts a considerable number of RBC branded ETFs. The Bank recently expanded its ETF roster by adding RBC-branded ETFs that mirror existing actively… Read More

High interest rates mean dividend-paying stocks must increasingly compete for investor interest with bonds and other fixed-income instruments. However, focusing on sustainable dividends still offers an attractive and growing income stream for investors—as long as you avoid the riskier strategies that some ETF managers use… Read More

Here’s the second part of our discussion on ETFs representing each of the five main economic sectors. Here we cover ETFs in Resources, Manufacturing and Financials.
ISHARES MSCI GLOBAL METALS & MINING PRODUCERS ETF $42.96 (CBOE symbol PICK; TSINetwork ETF Rating: Aggressive; Market cap: $1.6 billion) provides investors… Read More

Short answers to current issues of importance for Canadian investors:

Q: Pat, do you think this Silicon Valley Bank (SVB) collapse is powerful enough to set off a broad slump in the North American or even the world banking industry, something like the 2008/2009 downturn?

A: I.. Read More

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… Read More

A: Hamilton Enhanced Canadian Bank ETF, $21.63, symbol HCAL on Toronto, (Units outstanding: 18.7 million; Market cap: $404.5 million; hamiltonetfs.com) aims to track the Solactive Canadian Bank Mean Reversion Index.

This index invests in the biggest six Canadian banks—Bank of Nova Scotia, Bank of Montreal, CIBC,… Read More

Over the last few years, more and more ETF managers have launched funds focused on taking environmental, social, and governance (ESG) factors into account.
Sustainable investing offers some investors a lot of conceptual and emotional appeal. But does investing in these kind of stocks hurt your… Read More