Lorne Zeiler, VP, Portfolio Manager and Wealth Advisor at TriDelta Investment Counsel spoke with Catherine Murray on BNN’s Market Sense. Lorne discussed the tax benefits of RRSP contributions, at which income levels RRSP contributions are most advantageous and he also reviewed strategies for consolidating and reducing debt.
Click here to watch the full interview.
With Canadian bank stocks declining approximately 15 percent as a group over the past 3 months, Lorne Zeiler, VP, Portfolio Manager and Wealth Advisor, TriDelta Investment Counsel, was recently interviewed on BNN regarding his view that now is a good time for long-term investors to add exposure to Canadian bank stocks. Reasons for Mr. Zeiler’s bullish long-term view include compelling valuations (11.0X EPS 2015 expected earnings), high current dividend rates (4.0%+ for most Canadian banks, but payout ratios remain at approximately 45% of projected earnings), earnings stability and their strong business franchises.
Click here to watch the full interview.
