Canadian Banc Corp T.BK

Alternate Symbol(s): CNDCF | T.BK.PR.A

The Companys investment objectives are (i) to provide holders of Preferred Shares with cumulative preferential floating rate monthly cash dividends at a rate per annum equal to the Prime Rate plus 0.75%, with a minimum annual rate of 5.0% and a maximum annual rate of 7.0% (ii) to provide holders of Class A Shares with regular floating rate monthly cash distributions targeted to be at a rate per annum equal to the Prime Rate plus 2.0%, with a minimum targeted annual rate of 5.0% and a maximum targeted annual rate of 10.0% 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.

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Canadian Banc Corp > Canada not raising rates just yet

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Comment by deisman03on Jan 26, 2022 12:14pm

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Post# 34362696

RE:Canada not raising rates just yet

The investing conditions are crazy volatile right now.

I know a couple of day traders with balls of steel that are just sitting in cash and only dabbling in very small cap bids, with small amounts of money.

Between lying politicians/bureaucrats and sometimes less than trustworthy balance sheet reports??????????????

If you miss one this week, there's always next week.

This is where the "Don't get to greedy" rule comes to play.

GLTA the good folks here

mouserman wrote: SO all the talk of HAVING to raise the interest rates to battle record inflation, was just more fear-mongering to shake the markets around.
Not sure when the FEDs in the US are going to hike rates, but I get the feeling it wont be as aggressive as earlier comments suggested.

BK was a buy on the pullback, and I missed it. LOL