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HomeMore NewsBanking & FinanceExperts anticipate ‘a dividend tsunami and a little buyback wave’ in Canada

Experts anticipate ‘a dividend tsunami and a little buyback wave’ in Canada

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MONTREAL (CU)_Since early-2020, the Office of the Superintendent of Financial Institutions (OSFI) had prohibited banks and insurers in Canada from raising dividends and buying back shares, with the aim of ensuring the financial system could withstand the economic downturn brought about by the pandemic. However, recent reports have revealed that…

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