I would agree with you. Right now Risk / Reward ratio is more favourable with US banks as compared to Cdn banks.
I would not agree with that.
I believe there is still significant risk in the US banking system and there will continue to be huge risk until the housing market rebounds, which is defiantly not in the near future.
The reward- whats your premise to state there is huge reward?
Sound investing dictates placing more emphasis on the risk portion of the risk / reward equation.
Most people mistakenly focus on the reward portion.
The Cdn banks have a near monopoly ( 6 in Cdn vs. thousands in the USA) and Cdn banks are far more stringent / intelligent wrt lending credit
An investment in a Cdn bank will pay a healthy dividend & the downside is maybe 20-30% in another nightmare market correction like 2008
An investment in a USA bank, the downside could be zero as an additional round of bailouts would be a difficult sell