Comments on: Why I Think Canadian Banks Are Good Investments http://www.thefinancialblogger.com/why-i-think-canadian-banks-are-good-investments/ This is where your finance takes place Wed, 17 Mar 2010 22:52:52 +0000 http://wordpress.org/?v=2.9 hourly 1 By: Money Myths, Madness, and Mayhem - The 85th Edition of the Carnival of Money Stories | Credit Card Help http://www.thefinancialblogger.com/why-i-think-canadian-banks-are-good-investments/comment-page-1/#comment-3946 Money Myths, Madness, and Mayhem - The 85th Edition of the Carnival of Money Stories | Credit Card Help Wed, 19 Nov 2008 08:58:23 +0000 http://www.thefinancialblogger.com/?p=938#comment-3946 [...] The Financial Blogger tells us why they Think Canadian Banks Are Good Investments. [...] [...] The Financial Blogger tells us why they Think Canadian Banks Are Good Investments. [...]

]]> By: The Financial Blogger http://www.thefinancialblogger.com/why-i-think-canadian-banks-are-good-investments/comment-page-1/#comment-3939 The Financial Blogger Wed, 19 Nov 2008 02:13:44 +0000 http://www.thefinancialblogger.com/?p=938#comment-3939 Lostandconfused; We might think we, as consumer, are getting ripped by Canadian Banks. However, working in the banking field, I can tell you that we are getting more and more aggressive in term of services, fees and interest charges. in anyways, I rather get ripped by banks than seeing them falling one by one ;-) Lostandconfused;

We might think we, as consumer, are getting ripped by Canadian Banks. However, working in the banking field, I can tell you that we are getting more and more aggressive in term of services, fees and interest charges.

in anyways, I rather get ripped by banks than seeing them falling one by one ;-)

]]> By: Money Myths, Madness, and Mayhem - The 85th Edition of the Carnival of Money Stories | Credit Card Information http://www.thefinancialblogger.com/why-i-think-canadian-banks-are-good-investments/comment-page-1/#comment-3938 Money Myths, Madness, and Mayhem - The 85th Edition of the Carnival of Money Stories | Credit Card Information Wed, 19 Nov 2008 02:02:35 +0000 http://www.thefinancialblogger.com/?p=938#comment-3938 [...] The Financial Blogger tells us why they Think Canadian Banks Are Good Investments. [...] [...] The Financial Blogger tells us why they Think Canadian Banks Are Good Investments. [...]

]]> By: lostandconfused http://www.thefinancialblogger.com/why-i-think-canadian-banks-are-good-investments/comment-page-1/#comment-3933 lostandconfused Tue, 18 Nov 2008 20:12:59 +0000 http://www.thefinancialblogger.com/?p=938#comment-3933 I agree with the post in principle, but would add that the lack of competition is maybe a more direct source of banks profits in Canada. The lack of competition (admittedly caused in part by lots of regulation on foreign investments) means banks are free to gouge consumers on fees, atm transactions, cheques/checks and pretty much anything else for that matter. This is obviously good for canadian banks/investors, but perhaps a consumer backlash is on it's way... ...on the other hand, my variable mortgage rate with ScotiaBank just went down to 3.50%. Go figure. I agree with the post in principle, but would add that the lack of competition is maybe a more direct source of banks profits in Canada.

The lack of competition (admittedly caused in part by lots of regulation on foreign investments) means banks are free to gouge consumers on fees, atm transactions, cheques/checks and pretty much anything else for that matter.

This is obviously good for canadian banks/investors, but perhaps a consumer backlash is on it’s way…

…on the other hand, my variable mortgage rate with ScotiaBank just went down to 3.50%. Go figure.

]]> By: Money Myths, Madness, and Mayhem - The 85th Edition of the Carnival of Money Stories | Ask Mr Credit Card's Blog http://www.thefinancialblogger.com/why-i-think-canadian-banks-are-good-investments/comment-page-1/#comment-3931 Money Myths, Madness, and Mayhem - The 85th Edition of the Carnival of Money Stories | Ask Mr Credit Card's Blog Tue, 18 Nov 2008 18:31:43 +0000 http://www.thefinancialblogger.com/?p=938#comment-3931 [...] The Financial Blogger tells us why they Think Canadian Banks Are Good Investments. [...] [...] The Financial Blogger tells us why they Think Canadian Banks Are Good Investments. [...]

]]> By: Weekly Dividend Investing Roundup - November 15, 2008 » The Dividend Guy Blog http://www.thefinancialblogger.com/why-i-think-canadian-banks-are-good-investments/comment-page-1/#comment-3881 Weekly Dividend Investing Roundup - November 15, 2008 » The Dividend Guy Blog Sat, 15 Nov 2008 11:03:42 +0000 http://www.thefinancialblogger.com/?p=938#comment-3881 [...] Are Canadian banks good investments? [...] [...] Are Canadian banks good investments? [...]

]]> By: Jeff carter http://www.thefinancialblogger.com/why-i-think-canadian-banks-are-good-investments/comment-page-1/#comment-3870 Jeff carter Fri, 14 Nov 2008 08:11:30 +0000 http://www.thefinancialblogger.com/?p=938#comment-3870 The canadian banks by being more conservative are always considered to be a bit prudish according to american standards but that policy has obviously paid off since they are relatively unaffected by the wall street tornado and have the temerity to offer 5 to 6% dividend ! Eat your heart out Lehmann ! Superb blog btw. Just came across it. Will be back for more. Cheers The canadian banks by being more conservative are always considered to be a bit prudish according to american standards but that policy has obviously paid off since they are relatively unaffected by the wall street tornado and have the temerity to offer 5 to 6% dividend !
Eat your heart out Lehmann !

Superb blog btw. Just came across it. Will be back for more.

Cheers

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