crispos

Canadian Banks vs U.S. Banks: Where's the Better Value?

Canadians have always been (big) net savers. That's the difference. The US personal savings rate was most recently at 0.3%. You buy the Canadian banks for the steady cash flow of their highly profitable personal, commercial banks and wealth management arms and discount the ephemeral earnings from the casino-type attitude of the "investment/world market" divisions that have added little net value over time.