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 > This goes back to the Cold War days.

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Comment by Donwaanon Feb 12, 2024 1:28am

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Post# 35874948

RE:This goes back to the Cold War days.

I had read many years ago that one of the end goals of 911 was to bankrupt America. Very expensive campaigns in Iraq and Afghanistan followed and in reality continue now in the middle east. And then there's the Ukraine with cold war thinking at it's core.

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