Canada’s gluttonous banks and their greedy CEOs reel in record profits during pandemic

 Canada’s Big 6 Banks reported a 14 per cent increase in their 2021 first-quarter profits, and extremely high profits in 2020 totalling $41.13 billion, just $5.1 billion (12 per cent) less than in 2019 (BMO - $5.1B; CIBC - $3.8B; National - $2.08; RBC - $11.4B; Scotiabank - $6.85B; TD

Shaw Creating Turbulence in Canadian Telecom by Acquiring Wind Mobile Corp.

 What Happened? Shaw Communications Inc. announces a $1.6 billion (Enterprise Value) acquisition of Wind Mobile Corp., a privately held wireless carrier with subscribers and infrastructure in Ontario, Alberta & British Columbia. Wind has earned expected revenue of $485 million in 2015, implying Shaw is paying a multiple of 3.3x estimated revenue. With this

Canadian Bank Stocks: Not Immune to Volatility

 Canadian banks often receive positive press for being some of the safest banks in the world, a title that has been earned through the global financial crisis of 2008. However, as a diligent investor, it is important to realize that even well-run businesses carry risks which need to be managed