RY, BNS, TD, CM & BMO: Bag these 5 TSX big bank stocks on the dip

Investors often find financial stocks a safer investment option for the long term. The Canadian equities market is known to offer a wide variety of such stocks, which investors can choose from depending on their investment capacity and return goals...

On Thursday, April 21, Bank of Canada governor Tiff Macklem said larger increases in interest rates are not off the table. Since those comments, the TSX Composite Index has dropped 3.72 per cent. Currently, the financial sector forms 31.32 per cen...

Easter is here, and it is a joyous occasion for many, But this year, some investors may be a little preoccupied with inflation worries. While more Canadians look for ways to hedge against inflation, insurance stocks like Manulife Financial (TSX: M...

The Bank of Canada raised its benchmark rates by 50 basis points to one per cent on Wednesday, April 13. As a result, the big five banks led by Royal Bank of Canada (TSX: RY) also lifted their prime lending rate to 3.2 per cent. Notably, the chang...

As the fear of COVID-19 returns in the form of a new variant, some Canadians are looking for quality TSX stocks to minimize protect their portfolios to some extent. Some such stocks can be those of the big six banks in Canada, which are generally k...

If you hold a Registered Retirement Savings Plan (RRSP), you know it allows you tax exemptions for contributions you make into it. But what about withdrawals? Are RRSP withdrawals tax-free, similar to the other investment instrument, Tax-Free Savin...

Highlights The financial sector accounts for almost 32 per cent of the TSX Composite Index Toronto-Dominion Bank is ranked second and the Bank of Nova Scotia is ranked third in the S&P/TSX Capped Financial Index TD and BNS both come with d...

The Canadian stock market offers a variety of options for investors with different risk levels, investment goals, and approaches. Some prefer to trade actively, while others prefer to hold shares for the long term targeting capital gains. Investor...

Scotiabank (TSX: BNS) and Toronto-Dominion Bank (TSX: TD) have been in the spotlight as the Bank of Canada raised borrowing rates to cool down the inflationary environment. Some believe that the financial sector is likely to perform better amid rai...

Highlights Notably, Sun Life had posted solid Q4 results in 2021, in which it achieved a net income of C$ 1,078 million. Great-West Lifeco's base total earnings were C$ 825 million in Q4 2021 compared to C$ 741 million in Q4 2020. Intact Finan...