Canadian Bank ETFs: An Armchair Investor’s Income Engine
Canadian Bank ETFs: An Armchair Investor’s Income Engine Hey, welcome back! If you’ve spent any time poking around Canadian investing blogs, you’ve probably noticed one recurring theme: banks, banks, and more banks. That’s not an accident. Canada’s financial sector dominates our stock market, and the country’s big banks have built reputations for safety, stability, long-term growth...and big, juicy dividends! For many investors, especially retirees or others looking for a reliable source of income, Canadian bank ETFs offer a straightforward way to tap into that strength without having to pick individual stocks. Let’s walk through what these ETFs are, why investors love them, and a few of the most popular options. Why Canadian banks are such a big deal Canada’s stock market is heavily concentrated in financials and resources. The banking sector alone often represents around a quarter of the entire TSX by market capitalization! The “Big Six” dominate the landscape: Royal Bank ...