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Canadian Western Bank T.CWB.P.D


Primary Symbol: T.CWB Alternate Symbol(s):  T.CWB.P.B | CWESF | CBWBF

Canadian Western Bank is a diversified financial service organization providing banking, trust, and wealth management services. The group operates through a number of subsidiaries providing different areas of financial services. Canadian Western Bank offers business banking services including general commercial banking, equipment financing and leasing, real estate financing, and other services for small- and medium-sized companies, as well as personal banking services including chequing and savings accounts, loans, mortgages, and investment products. Canadian Western Trust is engaged in retirement, trustee, and custodial solutions for financial advisors, corporations, and individuals. The company receives maximum revenue from interest income.


TSX:CWB - Post by User

Comment by packerdriveron Mar 20, 2024 3:31pm
87 Views
Post# 35943474

RE:RE:RE:RE:Numbers

RE:RE:RE:RE:Numbers
"phase out oil and gas"??? Trudeau's been around for eight years and AB oil production is up over 30% in that time. AB is getting close to exporting 4 million barrels a day. In a month or two oil will start flowing through TMX (remember who built that?) and production is set to rise some more.
I keep hearing this story that Trudeau is "killing" the oil industry and production keeps going up. (???)

According to CAPP cap ex in oil and gas will be 40 BILLION dollars in 2024....29B of that in Alberta!!
That "Trudeau killing the oil industry" is sure good for my oil stocks!
https://www.capp.ca/news-releases/capp-forecasts-capital-investment-for-canadian-oil-and-natural-gas-sector-to-reach-40-6-billion-in-2024/

Back to my original point, give me a sane Premier, that's not beholden to the crackpots at TBA...that does not scare off investment in new tech industries....and more institutional investors will bid up the stock price of CWB. Right now she's acting like a "scarecrow" for the province. JMO of course.
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