by Leo Belmonte | Feb 3, 2020 | Leo's Blog
Welcome to a new year and a new decade. I recently participated in a presentation hosted by the Economic Club of Canada. The big six Canadian banks had their chief economists offer their insights on the current state of the global economy. In addition, I would like to...
by Securityfinancial | Nov 6, 2017 | Leo's Blog
The Canadian economy contracted in August — its first monthly pullback since October last year. Statistics Canada said Tuesday real GDP shrank 0.1% in August, following essentially no change in July. The Canadian economy began 2017 with strong growth through the first...
by Securityfinancial | Sep 7, 2017 | Leo's Blog
The Bank of Canada made a decision today which caught many investors by surprise: they decided to raise interest rates for the second time this year, taking the lending rate to 1% from 0.75%. Many analysts and pundits had priced in an almost certain hike for October,...