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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 > Freelands exits Trudeau cabinet
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Post by mouserman on Dec 17, 2024 7:01am

Freelands exits Trudeau cabinet

The Globe and Mail reports in its Tuesday edition that it took Chrystia Freeland's exit letter for the former federal finance minister to say what business leaders, and a vast chunk of the population, have long wanted to hear her tell Prime Minister Justin Trudeau: It is time to get serious. The Globe's Andrew Willis writes that Ms. Freeland quit the federal cabinet on Monday, after Mr. Trudeau told her on Friday he planned to move her out of the Finance Department. Time to "recognize the gravity of the moment" by partnering with premiers to face the existential threat posed by U.S. president-elect Donald Trump's planned tariffs. Time to deal with persistent productivity problems. Enough with what Ms. Freeland rightly described as "costly political gimmicks," like bribe-us-with-our-own-money cheques for $250 and a two-month GST holiday on booze. Enough with working flat out to keep Mr. Mr. Trudeau in power, rather than focusing on what matters to Canadians. Most CEOs long ago gave up on Mr. Trudeau as a leader and look forward to his departure. "Tax-and-spend to me is like eating Sugar Pops for breakfast. You feel really good for an hour and you feel crappy by noon," Dave McKay, RBC chief executive officer, once said.
Comment by itsthehitman on Dec 17, 2024 6:14pm
I agree totally with your comments on turdea....my only delema is the leaders of the opposition parties....if Singh was with the conservatives and polished up his act I would give him my vote.  Polivear is too much bs and will have serious problems trying to give us all the promises....we are in a mess here in Canada.....interesting year ahead.
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