Canada offers unique advantages over other developed countries. For example, unlike most European countries the country is blessed with many natural resources that emerging markets like China need,  a stable banking system, democratic political system and proximity to the U.S., the world’s largest consumer market. An article in the Financial Times notes that the Canadian …

Continue reading ‘CIBC: Canadian Stocks To Offer Best Returns This Year’ »

In 2009 the U.S. conducted stress tests on the largest banks in the country. The results of these tests were widely published. These tests were merely a huge PR exercise to boost confidence of the investing public in the banking system. The government succeeded in that effort as there was no widespread panic expressing doubts …

Continue reading ‘Canadian Banks’ Stress Test Results Remain Secret’ »

In an article earlier this year, I wrote that Canadian banks’ equity is the third worst in the world based on assets to equity ratio quoting a McKinsey Global Institute study. A new research report by Deutsche Bank Research shows that Canadian banks are in worse shape compared to other developed markets’ banks based on …

Continue reading ‘Canadian Banks Are Worse Than U.S. Banks Based On Borrower Concentration Ratio’ »