RE:RE:RE:RE:Higher Bid for Canadian Western Bank? This price hit could opening could be a really cheap way to get into the cdn banks with a surprising discount. Even if NA sticks to $105 the swap value is $48 and picking up almost a 4% dividend in the meantime for total gains in the area 20% plus.
only risk is if Premier of Alta mucks up the deal but right now a "loss of head office" isn't imo going to cut it. And her arguments that CWB should be paying Alta taxes not Quebec taxes is simply BS. Net income earned already gets allocated across provinces based on various criteria ; those rules will still apply.