Canadian Banc Corp T.BK

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

Financial Services Asset Management

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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Comment by NoShoesNoShirton Dec 10, 2024 12:16pm

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Post# 36354840

RE:RE:RE:Topic is related to BK

Thank-you for this rational description of WEF. It's much better than the usual conspiracies.

WinterBaron wrote: navgod;
Not sure it was a good idea to raise the Trudeau/Political topic here.
Definitely touchy area to step into particularly where energy is concerned.

Address global issues

Brainstorm solutions to global challenges

The WEF is based in Cologny, Switzerland, and was founded in 1971 by German engineer Klaus Schwab.
The WEF is known for its annual meeting in Davos, Switzerland, which brings together around 3,000 participants for up to five days of discussions.

(Question: What has this series of conferences actually accomplished/implemented?)WEF's mission is to:
Create platforms for leaders from different spheres of influence to:

Interact and Embody the "spirit of Davos", which is an attitude of openness and cooperation

Lay out principles for stakeholder capitalism, a system of shared goals for businesses

WEF has received criticism over the years, including legations of:

Corporate capture of global and democratic institutions

Institutional whitewashing initiatives

The public cost of security

Unclear decision processes and membership criteria

A lack of financial transparency

The environmental footprint of its annual meetings

As for the WEF... it isn't quite the successful forum it is intended to be:

The World Economic Forum (WEF) is an international organization that brings together leaders from business, politics, academia, and other sectors to:

Shape global, regional, and industry agendas

Drive positive change

As for Trudeau and Liberal Party Agenda:

Many would be inclined to question:

1.)

Inter-provincial Equalization Payment structure that significantly favours eastern regions over the West (Alberta energy for instance

2.)
Impact of Poorly Designed Immigration Programs upon Cost Of Living, particularly Housing.articularly housing.
3.)

Canada's ranking around 28th or 29th out of 38 OECD countries when measuring Worker Productivity.

4.)

Size and Cost of Canada's Public Service sectors relative to top 20+ OECD members that negatively impacts both GDP and Worker Productivity numbers.

5.)

Propensity to choose companies and industries "They" support at expense of free market conditions.
6.)
Inability to adequately define and support secondary industries that ensure financial benefits to Canada in support of primary industries. (E.G.

Just Sayin"