Bank of Canada

LBS.PR.A to Get Bigger

Brompton Group has announced (although not yet on their website because they’re … um, well, I’ve sent an eMail to my friend ChrisC): Life & Banc Split Corp. (the “Company”) (TSX:LBS)(TSX:LBS.PR.A)is pleased to announce it is undertaking an overnight treasury offering of class A and prefer ...

USD/CAD Canadian Dollar Lower Despite Surge in Oil Prices

The Canadian dollar depreciated on Monday hit by rising risk aversion as geopolitical events around the world dominated headlines. The German elections over the weekend showed that not even the largest member of the European Union is immune to the rise of eurozone opposition within its borders. The ...

Political Uncertainty Dominates Currency Moves

Monday September 25: Five things the markets are talking about Weekend political results dominate Monday’s financial markets. In Germany Sunday, Angela Merkel won her fourth term as Chancellor, but her Christian Democrats did not do as well as anticipated, while support for the far right AfD part ...

Dividend All-Stars 2018

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How our Dividend All-Stars performed over the past year

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VNR.PR.A : Convert or Hold?

It will be recalled that VNR.PR.A will reset to 4.62% (paid on par) effective October 15. Holders of VNR.PR.A have the option to convert to FloatingResets, VNR.PR.B, which will pay 3-month bills plus 281bp on the par value of $25.00, reset quarterly. The deadline for notifying the company of the in ...

USD/CAD Canadian Dollar Flat Ahead of Geopolitical Weekend Risk

The Canadian dollar was flat on Friday as the US dollar rally triggered by the hawkish economic projections published on Wednesday by the Fed were offset by rising risk concerns about North Korea. Canadian data was mixed on Friday putting in question a third rate hike in 2017. Canadian inflation un ...

Week Ahead Geopolitics Dampen Dollar Rally

North Korea, Brexit and German elections distract from Hawkish Fed The US dollar is higher against major pairs at the end of trading on September 22. The NZD and the EUR are the main exceptions with elections in the next 48 hours in both regions. Parliamentary elections will begin in New Zealand on ...

USD/CAD Canadian Dollar Higher as USD Loses Fed Boost

The Canadian dollar is higher against its US counterpart on Thursday. The USD surged on Wednesday after the Fed’s September policy meeting left hawkish estimates for the path of rate hikes in the US. The US lost some of the momentum when Canadian data was released. Wholesale trade in Canada impro ...

National Bank error exposed personal information of customers online

National Bank of Canada says a website error may have exposed the personal information of nearly 400 of its customers, including their names, birthdates, phone number and email address. The Canadian lender says in a statement the problem related to an electronic form on its website and did not expo ...