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Bullboard - Stock Discussion Forum 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... see more

TSX:BK - Post Discussion

Canadian Banc Corp > Canada not raising rates just yet
View:
Post by mouserman on Jan 26, 2022 11:27am

Canada not raising rates just yet

SO all the talk of HAVING to raise the interest rates to battle record inflation, was just more fear-mongering to shake the markets around.
Not sure when the FEDs in the US are going to hike rates, but I get the feeling it wont be as aggressive as earlier comments suggested.

BK was a buy on the pullback, and I missed it. LOL
Comment by satchmo6 on Jan 26, 2022 11:45am
as found around other boards---a new phrase---''SEDUCING  the Canine''
Comment by deisman03 on Jan 26, 2022 12:14pm
The investing conditions are crazy volatile right now.  I know a couple of day traders with balls of steel that are just sitting in cash and only dabbling in very small cap bids, with small amounts of money.  Between lying politicians/bureaucrats and sometimes less than trustworthy balance sheet reports?????????????? If you miss one this week, there's always next week.  This ...more  
Comment by Donwaan on Jan 26, 2022 6:40pm
Maybe the US Fed and the B of C realized that China may have been right on this one: Xi Jinping warns Fed against hiking interest rates Chinese President at Davos to Fed Chair Jerome Powell please dont lift interest rates. If major economies slam on the brakes or take a U-turn in their monetary policies, there would be serious negative spillovers. They would present challenges to global economic ...more  
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