Q: Can you comment on how much exposure the Canadian banks have to commercial real estate in the US and Canada? It sounds like office towers are of particular concern. Could you also comment on residential mortgage risks. And how much impact it could have on the stock prices.
Thanks.
Q: I'm thinking of swapping out Manulife Financial for Intact Financial as IFC apepars to provide an opportunity for a higher total return overall. Thoughts on this swap or not?
Q: I have an offer to purchase Meridian credit union Class A Shares. I realize that this is a little off base but any of your impute would be appreciated. Thanks, James
Q: With this earnings release I am temped to buy shares in PRL. Can you sift through the release; growth, ROE, valuation. Is it closer to a buy in your view?
Q: If I read the news correctly, BBLN crashed today on news they are planning to go private. What does this mean for me as a shareholder? Should I sell now and take my lumps, or is there as chance it will bounce back a bit?
Q: I'd appreciate your comments on FSZ's results released today and outlook. I noticed that you lowered your position and implied it is on its way out of your income portfolio. Do you see it as a SELL. While I hold it for the income, I'm also hoping that another company will take it over. Thanks for your help.
Q: Hi
I'm down 40% on the U.S. bank ETF, but with only a 1.5% weighting. I'm a true believer in that the most important metric in buying stocks is what you pay when you take a position. Being down 40% is presenting a huge opportunity if the Good out weighs the bad in these regional banks. Are there enough solid banks here to justify a 3% weighting in your opinion.
Thanks
Q: I currently hold TD, RY and BNS. I'm considering selling BNS given its higher risk in Latin America and risks in the financial sector now. Thinking of National Bank given its higher focus in Canada. Does this make sense? Thoughts? Or Hold?
Q: I currently hold CIBC and BNS and think it a good time to add to Canadian banks due to the low valuations and high dividends. Do you see any issue with this? Time horizon is at least 6 years. Should I add to these existing or add the other 3 large Canadian banks? I also hold the BMO Canadian banks in my wife's portfolio.