The Canadian Banks are in good shape. But remember that they are lending less then before and will cut their dividends. The bank stocks here in Toronto have fallen 50% already. They will continue to fall as they lend less. Real Estate here has only started coming down.
Are they as dead, or will they be, as US banks where down 50% was only the beginning and many are now down 90+%.
Thanks for you r thoughts.
pismo10 3 years ago
The Canadian Banks are in good shape. But remember that they are lending less then before and will cut their dividends. The bank stocks here in Toronto have fallen 50% already. They will continue to fall as they lend less. Real Estate here has only started coming down.
duskoduskodusko 3 years ago
What about Canadian Banks, how are they?
pismo10 3 years ago