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 in great shape

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Comment by Levent14on Oct 30, 2024 2:07am

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Post# 36288125

RE:RE:Canada not in great shape

NoShoesNoShirt wrote: All Canadian financial stats stink. GNP, debt, deficit etc. In the states, no debt is allowed at the state level, only federal. Canadian debt looks tame until you add in provincial debt, then Canada’s debt is horrible. And this is the reason that so many are homeless and the food banks can't keep up.

I don/t agree with that, Canada is the best country on the world. Never seen any country increase retirement payments every three month according to CPI. Homeless and poor people are using their own choice, no one forcing them to use drugs.I love Canada because of Canadiens not for natural beuty or developed level.. Canadian debt is not even issue here, if you that rich you can use opportunities for future, compare with some other countries.

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