Economics
Rising Dividends to Help ’14 Market Match U.S.: Corporate Canada
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The Canadian stock market is forecast to improve next year to at least match the performance of the U.S. for the first time since 2010, led by companies raising their dividends such as Rogers Communications Inc. and Brookfield Asset Management Inc.
The Standard & Poor’s/TSX Composite Index and its U.S. counterpart, the S&P 500, will both return about 7 percent in 2014 including dividends, as economies in the U.S., Europe and China grow, said Robert Gorman, chief portfolio strategist at Toronto-Dominion Bank’s TD Wealth unit.