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Canadian Life Companies Split Corp T.LFE.PR.B


Primary Symbol: T.LFE Alternate Symbol(s):  CLSPF

The Companys investment objectives are (i) to provide holders of Preferred Shares with fixed cumulative preferential monthly cash dividends in the amount of $0.04375 per Preferred Share to yield 5.25% per annum on the original issue price (ii) to provide holders of Class A Shares with regular monthly cash distributions targeted to be $0.10 per Class A Share to yield 8.0% per annum on the original issue price and (iii) to return the original issue price to holders of both Preferred Shares and Class A Shares at the time of the redemption of such shares on December 1, 2012. The Company will invest primarily in a portfolio of common shares of Proceeds: (the ``Portfolio) which will include the following publicly traded Canadian life insurance companies (the ``Portfolio Companies), each of whose shares will generally represent no less than 10% and no more than 30% of the net asset value (``Net Asset Value) of the Company: Great-West Lifeco Inc.


TSX:LFE - Post by User

Canadian Life Companies Split Corp > FED speak rattles the markets
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Comment by flamingogoldon May 08, 2024 4:52pm
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Post# 36029761

RE:RE:RE:FED speak rattles the markets

RE:RE:RE:FED speak rattles the marketsInflation is sub 3% here, I believe Tiff is comfortable with a small tick up if it means giving the economy an adrenaline shot with a rate cut. The US will cut soon too, so it wll eventually even out.

mouserman wrote: Certainly if you go back 60 years the rates were higher...  his history must be  only about 20 years for him. I do believe the interest rate did spike up above 6% briefly around the  year 2000 or a bit after.. 
Interest rate gets cut in Canada , going to cause some grief imo..  unless US also does. Otherwise I do believe the CAD will fall vs USD and that will increase the price of fuel , on top of Turdeau's proposed carbon tax.  Everything we buy from the US and Mexico and will go UP in price... i think that would be called inflationary?


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