by Leo Belmonte | Oct 8, 2021 | Leo's Blog
The global economy continued to recover and expand in 2021, but it was a topsy-turvy month due to events in Afghanistan, the Delta variant spreading and speculation about the Federal Reserve’s interest rate policy and bond-buying program.U.S., Canadian and global...
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,...
by Securityfinancial | Oct 14, 2016 | Leo's Blog
I wanted to share a report from TD Economics in regards to the larger and more persistent federal budget deficits expected well into 2017. The main causes for the increased deficits appear to be a slowing of economic growth from what was projected by Finance Minister...