He has owned it in the past and sold a while ago because the share price dropped.  The big issue is that they have a lot of margin pressure facing them.  They are struggling against a tide.  The share price is cheap but you need to look at where the industry is going.

You are looking at how fast Tim Horton's can grow.  Their growth rate is starting to slow down a bit.  Their brand does not translate that well outside of Canada.  Then you have all the issues with franchisees. 

He has owned it in the past.  It is once again at the mercy of its industry.  It is fighting against a big tide.  It has come off quite a bit.  It could be an interesting candidate but you have to know what the content is worth in the industry.  It is more of a global thing.  It could be worth looking at.

MFC-T vs. BNS-T.  He would say buy them both.  BNS-T is building up their wealth management business after building Latin American banking.  MFC-T has lagged quite a bit including lagging SLF-T.  MFC-T has bounced around.  They continue to grow outside of Canada and rising rates benefit them. 

MFC-T vs. BNS-T.  He would say buy them both.  BNS-T is building up their wealth management business after building Latin American banking.  MFC-T has lagged quite a bit including lagging SLF-T.  MFC-T has bounced around.  They continue to grow outside of Canada and rising rates benefit them. 

It is the smallest of the banks.  It does not have the scale.  They have issues with mortgages.  He would avoid it.

He likes it here.  It should be at the mid-$60s.  It is a decent buy around here.  The earnings are catching up to the dividend payout ratio.  The dividend is 4.7%.