The Bank of Canada announced a 50 basis points rate cut to 3.75%, marking the fourth consecutive rate cut since the first reduction in June. The significant 50 basis points reduction was primarily due to the unexpected slowdown in September's inflation data to 1.6%, reflecting the risks of an economic downturn in Canada. The Bank of Canada's goal is to maintain inflation around 2% and promote economic growt...
I must admit that I am not accustomed to leaving parties early. However, upon reviewing my financial accounts, I was astounded by the substantial appreciation I have experienced since January 2023. While I am grateful for this growth, I am aware that such a trend cannot persist indefinitely, as I have witnessed significant losses during previous market downturns. I am curious to know if others are considering withdrawing some of their investments and what indicators...
Sharing two articles I read recently which discuss economic inequality in Canada using StatsCan data. See below for the links and some key excerpts: —— Article 1: Income inequality in Canada rises to the highest level ever recorded: Statistics Canada | CBC News Income inequality in Canada rises to the highest level ever recorded: Statistics Canada The gap in the share of disposable income between the richest tw...
So I got into a back and forth with someone this afternoon about performance of Canadian equities market being abysmal under Trudeau. We also hear this a lot in general putting politics aside that Canadian equities are underperforming. So here are some stats using ETFs that Vanguard has put together since JT took office and over the last 5 years. Granted - very obviously - that weighting matters but as Canadians these are the easily accessible ...
22
1
Report
72124973
:
Some good observations. Especially the point about the performance from the US market if you remove the Mag 7. Thanks.
Dividend Kings In Canada are companies that have increased their Dividend per share for the most consecutive years, reflecting a strong business model and robust financials, and are likely to outperform the market with less volatility. Dividend Kings In Canada are companies that have increased their Dividend per share for the most consecutive years, reflecting a strong business model and robust financials, and are likely to outperform the market with less volatility.
The "Big Five" refers to Canada's five largest banks—Royal Bank of Canada, Toronto-Dominion Bank, Bank of Nova Scotia, Bank of Montreal, and Canadian Imperial Bank of Commerce—which dominate and significantly influence the country's financial sector. The "Big Five" refers to Canada's five largest banks—Royal Bank of Canada, Toronto-Dominion Bank, Bank of Nova Scotia, Bank of Montreal, and Canadian Imperial Bank of Commerce—which dominate and significantly influence the country's financial sector.
101550592 :
Filomena Angeles : So much grateful information..!! Thank you.