Review of Bank of Nova Scotia

OCT 10, 2024 - BNS has established itself as a leading bank in the Americas offering a broad range of services and products such as personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets. The Bank employs 89,239 workers, has 2,279 branches and offices, and 8,584 automated-banking-machines (ABMs). BNS is the cheapest Canadian Bank and also pays the highest yield. We think further multiple expansion could occur as BNS executes on its strategy and continues to string together earnings beats. With a positive outlook we are maintain our rating of an A-.

Download Report

{tplLang.businessdescription | toLang tLang}

{ profileData.description }

{tplLang.details | toLang tLang}

{tplLang.ceo | toLang tLang}

{profileData.profile.details.ceo}

{tplLang.employees | toLang tLang}

{profileData.profile.details.employees | numeraljs '0,0'}

{tplLang.issuetype | toLang tLang}

{profileData.profile.details.issuetype | asIssueType}

{tplLang.industryclassifications | toLang tLang}

{tplLang.sector | toLang tLang}

{profileData.profile.classification.sector}

{tplLang.industry | toLang tLang}

{profileData.profile.classification.industry}

{tplLang.toolname| toLang tLang}

There is no {tplLang.toolname| toLang tLang} currently available for {data.symbolstring}.

Toronto-Dominion Bank (The) (TD $130.37)
- $130.37 P/E (TTM): 11.07X Cap: $222.89B
- View TD Profile
- View Questions on TD
Bank of Nova Scotia (The) (BNS $102.64)
- $102.64 P/E (TTM): 25.08X Cap: $127.43B
- View BNS Profile
- View Questions on BNS
- View Reports on BNS
Enbridge Inc. (ENB $66.05)
- $66.05 P/E (TTM): 25.01X Cap: $142.78B
- View ENB Profile
- View Questions on ENB
- View Reports on ENB
Sun Life Financial Inc. (SLF $87.23)
- $87.23 P/E (TTM): 21.59X Cap: $48.11B
- View SLF Profile
- View Questions on SLF
- View Reports on SLF
Constellation Software Inc. (CSU $2,781.11)
- $2,781.11 P/E (TTM): 61.92X Cap: $57.49B
- View CSU Profile
- View Questions on CSU
- View Reports on CSU
Dollarama Inc. (DOL $192.22)
- $192.22 P/E (TTM): 40.98X Cap: $52.83B
- View DOL Profile
- View Questions on DOL
Celestica Inc. (CLS $415.53)
- $415.53 P/E (TTM): 51.05X Cap: $46.04B
- View CLS Profile
- View Questions on CLS
Thomson Reuters Corporation (TRI $169.10)
- $169.10 P/E (TTM): 30.7X Cap: $74.76B
- View TRI Profile
- View Questions on TRI
Shopify Inc. Class A Subordinate Voting Shares (SHOP $189.04)
- $189.04 P/E (TTM): 102.75X Cap: $246.84B
- View SHOP Profile
- View Questions on SHOP
- View Reports on SHOP
Hydro One Limited (H $53.15)
- $53.15 P/E (TTM): 24.43X Cap: $31.87B
- View H Profile
- View Questions on H
Galaxy Digital Inc. Class A common stock (GLXY $43.73)
- $43.73 Cap: $16.64B
- View GLXY Profile
- View Questions on GLXY
- View Reports on GLXY
Brookfield Corporation Class A Limited Voting Shares (BN $64.61)
- $64.61 P/E (TTM): 92.05X Cap: $145.07B
- View BN Profile
- View Questions on BN

Q: Could you provide the top (and rank) 3 or 4 stocks from each of the Income, Balanced and Growth portfolios to buy today.
Thank you

Read Answer Asked by Delbert on January 23, 2026

Bank of Nova Scotia (The) (BNS $102.64)
- $102.64 P/E (TTM): 25.08X Cap: $127.43B
- View BNS Profile
- View Questions on BNS
- View Reports on BNS
BMO S&P 500 Index ETF (ZSP $103.71)
- $103.71 P/E (TTM): 25.8X Cap: $21.78B
- View ZSP Profile
- View Questions on ZSP
iShares Core S&P/TSX Capped Composite Index ETF (XIC $52.89)
- $52.89 P/E (TTM): 20.8X Cap: $23.60B
- View XIC Profile
- View Questions on XIC
iShares NASDAQ 100 Index ETF (CAD-Hedged) (XQQ $63.05)
- $63.05 P/E (TTM): 19.95X Cap: $4.26B
- View XQQ Profile
- View Questions on XQQ
iShares S&P/TSX Capped Information Technology Index ETF (XIT $71.80)
- $71.80 P/E (TTM): 54.66X Cap: $725M
- View XIT Profile
- View Questions on XIT
iShares Core Growth ETF Portfolio (XGRO $35.76)
- $35.76 P/E (TTM): 16.81X Cap: $4.20B
- View XGRO Profile
- View Questions on XGRO
iShares Core Equity ETF Portfolio (XEQT $41.15)
- $41.15 P/E (TTM): 13.77X Cap: $13.48B
- View XEQT Profile
- View Questions on XEQT
Brookfield Corporation Class A Limited Voting Shares (BN $64.61)
- $64.61 P/E (TTM): 92.05X Cap: $145.07B
- View BN Profile
- View Questions on BN

Q: I was planning on adding some or all of these to an RRSP and /or an RESP.
Any issues or better ideas. I am thinking ETF's and one or two blue chip.Thanks,Paul

Read Answer Asked by Paul on January 22, 2026

Toronto-Dominion Bank (The) (TD $130.37)
- $130.37 P/E (TTM): 11.07X Cap: $222.89B
- View TD Profile
- View Questions on TD
Bank of Nova Scotia (The) (BNS $102.64)
- $102.64 P/E (TTM): 25.08X Cap: $127.43B
- View BNS Profile
- View Questions on BNS
- View Reports on BNS
Enbridge Inc. (ENB $66.05)
- $66.05 P/E (TTM): 25.01X Cap: $142.78B
- View ENB Profile
- View Questions on ENB
- View Reports on ENB
Canadian Natural Resources Limited (CNQ $49.47)
- $49.47 P/E (TTM): 15.69X Cap: $101.84B
- View CNQ Profile
- View Questions on CNQ
Sun Life Financial Inc. (SLF $87.23)
- $87.23 P/E (TTM): 21.59X Cap: $48.11B
- View SLF Profile
- View Questions on SLF
- View Reports on SLF
Fortis Inc. (FTS $72.19)
- $72.19 P/E (TTM): 20.72X Cap: $36.43B
- View FTS Profile
- View Questions on FTS
Enghouse Systems Limited (ENGH $18.75)
- $18.75 P/E (TTM): 13.9X Cap: $1.02B
- View ENGH Profile
- View Questions on ENGH
- View Reports on ENGH
TMX Group Limited (X $50.58)
- $50.58 P/E (TTM): 31.22X Cap: $14.30B
- View X Profile
- View Questions on X
- View Reports on X
Open Text Corporation (OTEX $39.52)
- $39.52 P/E (TTM): 14.9X Cap: $9.95B
- View OTEX Profile
- View Questions on OTEX
Hydro One Limited (H $53.15)
- $53.15 P/E (TTM): 24.43X Cap: $31.87B
- View H Profile
- View Questions on H

Q: Can you please provide your analysis of whether AI software developments will negatively impact the businesses of OTEX and ENGH? Both companies seem solid, reasonably well-managed, and pay nice dividends to compensate for their low growth. Should I be concerned that their revenues will decline over time such that my retirement income will be in jeopardy? Should I move on to a more stable dividend payer, for example FTS, that is less likely to be hurt by AI?

Read Answer Asked by David on January 19, 2026