I have written many times before that railroads are an important pillar of the Canadian economy. Just two freight railroads – Canadian National(CNI) and Canadian Pacific (CP) – dominate the industry. The following infographic from Statistics Canada shows some of the interesting facts about rail transportation in 2020: Click to enlarge Source: Statistics Canada Disclosure: Long …
Continue reading ‘Rail Transportation in Canada: Infographic’ »
Canadian banks stocks also have not escaped the carnage in the markets so far this year. The declines have not been severe. Most have fallen under 10% with the exception of Bank of Nova Scotia(BNS) which is off by over 11%. Unlike its peers, ScotiaBank has high exposure to emerging markets especially in Latin America. …
Continue reading ‘Canadian Bank Stocks’ Return Year-to-Date: Chart’ »
Canada is a resource-based economy. The S&P/TSX Composite Index is comprised of over 30% with the energy and materials sector. Natural resources worth billions of dollars are exported every year. The following infographic shows 10 facts on the Canadian minerals sector: Click to enlarge Source: Natural Resources Canada
Stocks tend to go up in the long term. Though in the short-term stocks can be volatile or earn negative returns, when considered over many years or even decades stocks usually generate a positive return. This is true in the case of Canadian market also. The following chart shows the calendar year returns of the …
Continue reading ‘S&P/TSX Composite Index Calendar Year Returns From 1924 To 2020: Chart’ »
Canada is the second largest country in the world in terms of land after Russia. It is interesting to note that Canada is also slightly larger than the US. Canada’s economy is about one-tenth the size of the US economy. However one major difference between the economies is unlike the US economy, Canada is a …