tag:blogger.com,1999:blog-7141615629701321642.post3843131175450121227..comments2024-01-07T08:41:13.864-05:00Comments on C A I T I - O N L I N E: Canadian Banks’ resiliency had nothing to do with Flaherty or the Harper ConsBrent Fullardhttp://www.blogger.com/profile/08515599756822506137noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-7141615629701321642.post-82210056037419670732009-07-23T11:45:37.340-04:002009-07-23T11:45:37.340-04:00Yeah after reading and actually voting on all my b...Yeah after reading and actually voting on all my bank shares this year, I strongly agree with the "Canadians have themselves to thank rather than bank executives or the Harper government for the resilience of the Canadian banks ..." <br />Going through the voting items earlier this year, this site was very handy. Anyone on a board who was named on this site as a negative for Trust Unit cause - was an automatic "against". Why should I reward those ---holes with more money, responsibility & other fantastic perks after they screwed over Trust Unit holders? Same thing with some other undesirable or stupid stuff I don't want as a customer or shareholder. <br />If the banks want me spending more money in fees or loan interest, they can jump on board now with efforts rescind this trust unit tax b.s. I was a much more desirable customer, with a higher risk tolerance when my trust units were doing well. <br /><br />We can also add the Canadian Competition Bureau to our thank you. It is my understanding they played a key role during the late 90's when all the banks wanted to merge. <br /><br />I would be very interested in some kind of Caiti posting about the Canadian Competion Bureau. Of course with some kind of link back to trust units.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7141615629701321642.post-57420630807704185002009-07-22T09:37:41.953-04:002009-07-22T09:37:41.953-04:00It could be that some of the rest of the reason is...It could be that some of the rest of the reason is the unwillingness of Canadian small investors to buy risky crap assets unlike their US counterparts.<br /><br />The banks here were not as successful in passing these dogs down to the customers as their American cousins.<br /><br />Canadian small investors are more astute financially & more (I hate to use this word) conservative in their outlook.<br /><br />And that is why we loved income trusts.<br /><br />Dr MikeDr Mikehttps://www.blogger.com/profile/16915911929286615081noreply@blogger.com