One of the biggest differences between U.S. banks and Canadian banks is the amount of regulation they face. Simply put, Canada is far more strict. Today, if you are looking at dividend-paying banks, two enticing names are Toronto-Dominion Bank (TD) and Bank of Nova Scotia (BNS 0.51%). An example of a bank that may be best avoided, meanwhile, is Premier Financial (PFC).
Source: Motley Fool
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