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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The Periodic Table of Annual Returns in Canadian Dollars from 2010 to 2020 is shown below. In 2020 the TSX index returned 5.6% compared to 16.1% for the S&P 500 in Canadian Dollar terms. Click to enlarge Credits: Many thanks to Norbert Schlenker at Libra Investment Management for collecting the data that this calculator uses. Original …
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As we head into the first trading day for 2021 I was reviewing the top companies in Canada and what I found surprised me. The Most Valuable Company in Canada based on Market Capitalization is the e-Commerce platform provider Shopify Inc(SHOP). Unlike the US, the tech industry is tiny in Canada and not many tech …
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