It’s what most Canadian investors were waiting for – Canadian banks earnings reports. The two biggest banks, RBC and TD were first out of the gate. The general consensus among bank analysts was that the banks would show softening earnings. While TD stuck to the script, RBC (once again) had other plans. RBC is not […]
Inflation is sticky, while oil and gas stocks pump the free cash flow on the Sunday Reads.
We had an inflation reading in Canada. It was a good news / bad news report. There are encouraging signs, inflation is moving in the right direction, but it is also sticky and still above target. I am of the opinion that there is no 2% inflation target in Canada and the U.S. That 2% […]
Looking to Canadian stocks on the Sunday Reads.
Canadian stocks are cheap, or dirt cheap as one of my recent Sunday Reads offered. Pessimism and risk can create lower stock prices. Another post recently noticed that Canada was slipping. Our productivity is nowhere to be seen. We don’t appear to have a national growth strategy beyond (much needed) immigration and buying some battery […]
Should you run away from TC Energy and the pipelines?
TC Energy, formerly TransCanada Pipelines is a portfolio staple for many Canadians. It is a quasi utility with pipelines and energy production. And the company is and will participate in the green energy transition. The stock price took an additional hit when they announced an asset sale. TC Energy will also split into two – […]
The earnings roll in on the Sunday Reads.
There’s no bigger story these days than the earnings reports south of the border (where they keep most of the best companies on the planet) and in Canada. We can’t paint the earnings picture with one brush as many sectors are performing well, while others struggle. It is a tale of two economies as the […]
Canada is slipping on the Sunday Reads.
Canada’s standard of living is falling behind other advanced economies. We also have the lowest productivity of the developed nations. When you factor in population growth thanks to robust immigration, Canada has negative GDP growth per capita over the last decade and more. These might not be alarm bells ringing for investors, but it certainly […]