Earlier this year Murray Leith of Odlum Brown, a British Columbia,Canada-based financial services firm made a presentation in which he suggested the theory that Canada is a play on China. He stated that”the Canadian stock market really hangs on China’s fortunes.” I wondered if his theory is indeed correct. Murray noted that the Canadian stock …
Here is another take on the most profitable companies in Canada. The 10 largest publicly-listed most profitable Canadian companies for 2009 that appear in the Forbes Global 2000 list for 2010 are listed below: [TABLE=568] Related ETF: iShares MSCI Canada Index Fund (EWC)
The Dow Jones Canada Select Dividend Index represents the leading Canadian stocks by dividend yield. The index contains 30 stocks which are selected annually based on dividend yield. The divided yield of this index is 4.37% as of July 30th. The annualized total return of the index is 10.65% in Canadian dollar terms. Financials account …
An interesting article by Peter Boone and Simon Johnson of The Baseline Scenario blog discussed about the effects of regulatory constraints on Canadian banks. From The Canadian Banking Fallacy article: “Despite supposedly tougher regulation and similar leverage limits on paper, Canadian banks were actually significantly more leveraged – and therefore more risky – than well-run American …
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Crude oil futures closed at $82.75 per barrel on the New York Mercantile Exchange last Friday. Energy prices have been rising in recent weeks due to the perception that global economy is in recovery mode and that the demand from China and other emerging markets is picking up. It must noted that despite the rise …
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