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 > BMO downgraded

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Comment by rixpixon Aug 01, 2024 11:32am

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Post# 36158345

RE:RE:RE:RE:RE:BMO downgraded

deisman03 wrote: I don't know where you got the idea that I was wishing for anything?

I made a comment on a report which has been posted by mouserman.

Ignoring real time issues is how you and I lose money.

Wishful thinking is another way to lose money.

I'm careful, I like to make profits when possible, as do all of us.

I don't get all fussy because I've left some money on the table.

BK has treated me well, but like any other investment, I'm not in love with it.

If you think the residential mortgage issue isn't relative, why do you think PM Trudeau is making such a big deal over a new "mortgage assistance program" for those not being able to afford their payments at present rates?

He's trying to put out the fire he helped create.

I fully agree, when the banks are in trouble, the whole economy is in trouble.

It gets worse when politicians get involved.

GLTA the good folks here