Marc Dufresne Canada’s big banks reported quarterly results that mostly beat expectations. Mario Mendonca, Managing Director with TD Cowen, speaks with MoneyTalk’s Kim Parlee about the results and the outlook for the lenders going forward. Transcript Kim Parlee – Canada’s big banks have reported their quarterly results with most beating expectations. Here to break down…
AJ_Watt Synopsis Metro Inc. (TSX:MRU:CA) operates in both the food and pharmaceutical industries in Canada, serving as a retailer, franchisor, and distributor. It manages an extensive network of supermarkets, discount outlets, and drugstores under several brand names. When we look deeper into MRU:CA’s historical financial performance, its revenues have grown strongly, and gross margins have…
TexBr Canadian dividend stocks have struggled under the weight of high interest rates recently. Are these stocks poised to benefit if rates begin to come down? Michael O’Brien, Managing Director at TD Asset Management, discusses the dividend landscape with MoneyTalk’s Greg Bonnell. Greg Bonnell: It’s been a tough year for the big Canadian dividend-paying stocks,…
selamiozalp/iStock via Getty Images When bank economists get bearish, you know that data looks pretty dour. Kudos to Robert for candour in this interview. The chart below shows Canada’s real GDP (in blue since 2021) and the grim per capita reality (in yellow). Canadian consumer sentiment is negative for a reason: there are increasingly fewer…