The sectors composition of the US and Canadian equity markets differ widely. The Canadian market as represented by the TSX index is heavy in energy, financials and materials. Together these sectors make up over two-thirds of the index. On the other hand, the S&P 500 is highly concentrated in the information technology sector. Overall the …
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Canada is one the largest countries in the world. But did you know that Canada is actually the second largest country in the world based on land area? Recently I came the following infographic about some fun facts about Canada. Though this is a bit dated still it is useful to learn some fun facts …
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Canada is a natural resources based-economy. With a GDP about $1.6 Trillion US $ in 2020 Canada is one of the largest developed economies in the world. But natural resources from oil to timber to precious metals and everything in between them form big portion of the Canadian economy. Simply digging up these resources and …
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Canadian bank stocks have performed very well so far this year with all increasing by double digit percentages. NYSE-traded shares of Bank of Montreal(BMO), The Canadian Imperial Bank of Commerce (CM) and Royal Bank of Canada(RY) reached their 52-weeks on last Friday. These banks are slated their announced their second quarter earnings this week. Analysts are …
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Canadian railroad Canadian Pacific(CP) has seen its stock soar in the past five years by over 157% based on just price growth (excluding dividends). The NYSE-listed stock closed at over $371.00 today. With most of the major railroad stocks trading in triple digit dollar range, CP decided to split the stock. Last week Canadian Pacific …
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