MAY 12 2015 – Recent BCV BNN Appearance

Please find a link below to a recent appearance by BCV’s Tony Demarin on BNN’s Business Day AM segment on Wednesday, May 6th.

http://www.bnn.ca/Video/player.aspx?vid=607769

In this appearance, he discussed Sun Life Financial Inc.’s earnings announcement from earlier in the day and its long-awaited dividend increase.  He also discussed their expectations for the large Canadian insurance companies and thoughts about the earnings announcements from Great-West Lifeco Inc. and Manulife Financial Corporation that were upcoming on Thursday May 7th.

He also briefly discussed two recent trades; the sale of Enbridge Inc. and Imperial Oil Ltd., noting these companies were sold based on short-term valuation, rather than on the long-term fundamentals of the companies.  Finally, he concluded with some remarks about the near-term weakness in the price of Canadian bank stocks.

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