Canadian Banks vs U.S. Banks: Where's the Better Value? [View article]
Interesting that while there is talk of US banks cutting their dividends, the outlook for CAN banks is slower, but increasing dividend yields. At the moment the Canadian economy is stronger than the US economy, due to it's resourse base exporting nature. TD bank is very well positioned with no sub-prime issues, and is expanding into the US at the very time when US regional banks are at good value. RBC is the biggest bank in Canada, and BNS is a global play. CIBC is a mess, and BMO is not far behind.
Canadian Banks vs U.S. Banks: Where's the Better Value? [View article]
At the moment the Canadian economy is stronger than the US economy, due to it's resourse base exporting nature. TD bank is
very well positioned with no sub-prime issues, and is expanding into the US at the very time when US regional banks are at good value.
RBC is the biggest bank in Canada, and BNS is a global play. CIBC is a mess, and BMO is not far behind.