FP magazine recently published its ranking of top 500 Canadian companies based on revenue. The #1 rank went to George Weston Ltd. with 2015 revenues of over $46 billion followed by Royal Bank of Canada(RY) and auto parts maker Magna International Inc (MGA). The following graphic shows the top five most profitable companies and other lists: Click …
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The Canadian Household Savings Ratio stood at 8.1% in Q4, 2015 according to a new report by the OECD. Currently the US personal savings rate stands at 5.4%. The savings rate in Canada tend to be traditionally higher than in the U.S. Click to enlarge However Canadian household’s debt is also growing at an alarming rate. …
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The leverage ratio measures the ability of a bank to absorb losses. This ratio is important because soundness of a bank is put to test during a financial crisis and strong banks usually tend to weather storms than weak banks. During the 2008-09 crisis, many small banks in the US failed due to this factor. From …
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The economies of Australia and Canada are similar in many ways. For instance,both are resource-based economies. While Australia is dependent on China for the export of minerals such as iron ore Canada is the largest trading partner of the US and exports natural resources like Crude Oil, Natural Gas, Timber, etc, to the US. I wrote …
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