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Bank of Montreal (BMO $204.14)
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Canadian Imperial Bank Of Commerce (CM $149.67)
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National Bank of Canada (NA $202.84)
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Bank of Nova Scotia (The) (BNS $76.57)
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Rumble Resources Inc. (RB)
- Cap: $30M
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Q: The big 6 Canadian Banks? I do not know why many investors have an aversion to the banks? Over the last 15 years the capital appreciation and dividend compounding have been second to none. I own a good portion in my varied portfolios and all have performed extremely well with the exception of BNS. I have a friend who invested 15 years ago in the banks $1.5 M - now over $8M and generate a lot of income for him. I think he owns now about 40,000 shares. I think most if not all portfolios should contain a good helping of the Canadian banks. He is my age 77 YO.
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