Wednesday, January 27, 2010

Canada's Dividend Culture

Scotia Capital, 27 January 2010• The following are excerpts from our full report titled "Canada's Dividend Culture".• The main risk currently, in our opinion, to the Canadian banking industry and bank valuation is “regulatory” in terms of over-regulation and mis-regulation. The major uncertainty is what operating and financial constraints will be placed on banks by the regulator. We believe that

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