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Oct 3, 2016
Laughing All The Way To The Banks Canada's Big Five Have Been Superb Investments And They Still Look Strong
For long-term buy-and-hold investors, nothing really beats a portfolio of Canada’s five largest banks. Through thick and thin, Canada’s Big Five banks have consistently returned record profits, surpassing analysts’ earnings estimates and steadily increasing dividends paid out to shareholders.
Threats from FinTech upstarts that allow users to do their banking from their phones have the banks scrambling to embrace new technology, but adapt they will.
Although the banks...