Canadian investors eye utilities, real estate stocks as BoC cuts rates

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 25 sec. here
  • 12 min. at publisher
  • 📊 Quality Score:
  • News: 48%
  • Publisher: 63%

Real Estate Stocks 뉴스

Bank Of Canada,Real Estate Investment Trusts,Mike Archibald

Canadian utility and real estate stocks are likely to be among the biggest beneficiaries of the Bank of Canada's move to begin cutting interest rates, while ...

TORONTO - Canadian utility and real estate stocks are likely to be among the biggest beneficiaries of the Bank of Canada's move to begin cutting interest rates, while the prospect of increased loan demand could help bank shares, investors say.

REITs own income-producing real estate, while utilities include high-dividend paying pipeline companies such as Enbridge Inc and TC Energy Corp. The six major Canadian banks set aside loan loss provisions in their second-quarter results that were up 26% from the year before. Still, most lenders beat earnings expectations.

Another Tesla shareholder came out against Elon Musk's multibillion-dollar pay package, saying the billionaire should 'focus on going to Mars'

 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.
이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 47. in KR

대한민국 최근 뉴스, 대한민국 헤드 라인