What to do with Canadian banks?

The yields look good, but the risks are real, and it could get worse before it gets better

Ruth Saldanha 19 March, 2020 | 1:47AM

Bank in Canada

Editor's note: Read the latest on how the coronavirus is rattling the markets and what you can do to navigate it.

Fears around COVID-19 have spilt over into the markets. Since the start of the month, the S&P/TSX Composite index has lost around 30%, and more and more experts believe a recession is likely. To stave it off for a while longer, both the Bank of Canada and the U.S. Federal Reserve announced rate cuts and easing measures, with more expected in the next month. 

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Ruth Saldanha

Ruth Saldanha  Ruth Saldanha is Senior Editor at Morningstar.ca

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