Best best banks in Canada
Scotiabank — Best big bank
Tangerine — Best for no-fee banking
EQ Bank — Best for everyday savings
PC Financial — Honourable mention
The best big bank for everyday banking: Scotiabank
Scotiabank was founded in 1832 and has since grown its assets to more than $850 billion, which puts it in the number three spot among the Big Five by asset size…
10 moat-y Canadian stocks that are on sale
In investing terminology when a company is described as having a “moat,” that means it has a protective barrier, just as a moat around a castle would provide protection from invaders. A moat means a company has limited or virtually no competition. Depending on the level of moat, there are few, or virtually no companies attacking their revenues or profits.
This article from Ruth Saldanha of Morningstar caught my eye: 10 Cheap Moat-y Canadian Stocks.
Morningstar identifies groups of companies with an economic moat and, in the best of conditions, a wide moat. The wide moat group is an exclusive lot, with Royal Bank of Canada, TD Bank, Enbridge, Canadian National Railway and CN Railway making the list.
From that post …
“Today we decided to look at Canadian stocks that are trading below our fair value estimates and also have an economic moat…