I believe that Canadian Bank stocks are primed to go up in the very near future. Here is why. Basel Committee have reached an agreement on establishing a global bank reform to ensure a minimum standard on capital reserve to avoid future financial collapses. Canadian banks already exceed the reserve requirement and are primed to raise dividends, buy back shares and looking to acquire foreign acquisitions. The Basel announcement has already seen Bank stocks surge over the past couple of days. Dividends will increase in 2011. I see bank share prices rising anywhere between 10 to 15% over the next 4 to 6 months.