TD
Canada’s Big Five banks are setting aside fewer funds for future bad loans. That reflects government COVID-19 support programs to the those directly hurt by lockdowns.
In response to the pandemic, banking regulators forced banks to suspend share buybacks and freeze their dividends....
In response to the pandemic, banking regulators forced banks to suspend share buybacks and freeze their dividends....
The major Canadian and U.S. stock markets have moved back up since their initial COVID-19 drop. Nonetheless, we think that if you can afford to stay in the market for several years or longer, now is still a good time to buy. We see ETFs as one way for you to profit from that rise, while cutting your risk.
The best of these funds offer a diversified group of stocks while charging you low management fees....
The best of these funds offer a diversified group of stocks while charging you low management fees....
The Bank of Canada cut its benchmark interest rate to 0.25% from 1.25% in March 2020. The move was meant to spur the economy after COVID-19 hit. Whether the bank holds that rate steady, or cuts it even further, depends on the country’s economic growth and unemployment levels.
Meanwhile, even for our conservative investors, we caution against investing in bonds....
Meanwhile, even for our conservative investors, we caution against investing in bonds....
Canadian dividends receive an extra tax benefit for Canadian investors. That’s just one reason why Canadian dividends should be a key component of a successful portfolio
Broadridge is far from a household name, except in households where most members work in the investment business. Since Automatic Data Processing (symbol ADP on Nasdaq) spun it off in 2007, the company has become a key provider of services to financial, brokerage and wealth management firms.
We added Broadridge to our recommendations in the February 2008 issue of Wall Street Stock Forecaster as a buy at $22 a share....
We added Broadridge to our recommendations in the February 2008 issue of Wall Street Stock Forecaster as a buy at $22 a share....
Even with the economic disruption brought on by COVID-19, we like the long-term prospects for investors in TD Bank. This Candian big bank is as well prepared—and well capitalized—to handle the current shock as it was during the 2008-2009 financial crisis. We still see TD Bank as a top pick, especially given its expanding and profitable U.S....
Here’s an Excerpt from a recent issue of Advice for Inner Circle Pro Members:
“The timing of downturns is largely random....
“The timing of downturns is largely random....
Due to concerns over the ability of Canada’s Big Five banks, including TD, to absorb bad loans as a result of COVID-19, regulators have ordered them to freeze their dividends to preserve capital.
However, TD has little exposure to borrowers hit hard by the pandemic....
However, TD has little exposure to borrowers hit hard by the pandemic....
A: iShares Canadian Financial Monthly Income ETF, $6.17, symbol FIE on Toronto (Units outstanding: 108.8 million; Market cap: $671.3 million; www.blackrock.com/ca), invests primarily in the common shares, preferred shares and corporate bonds of firms in the Canadian finance industry.
The fund charges investors an MER of 0.96%, which is high by ETF standards....
The fund charges investors an MER of 0.96%, which is high by ETF standards....
The Canadian economy ranks among the top 10 globally and has performed better than most of its large, developed peers over the past decade. The country is also among the top 15 most-competitive economies in the world; to date, it has fared relatively well at containing the COVID-19 pandemic....