by Leo Belmonte | Jan 21, 2022 | Leo's Blog
Happy New Year!I wanted to provide a recap of 2021, what to expect in 2022, and contribution reminders for the RRSP and TFSA.After a challenging 2020, the global economy stabilized and began its recovery in 2021 despite some challenges along the way. Most notably the...
by Leo Belmonte | Jul 15, 2019 | Leo's Blog
Investing in the financial markets is often a challenging experience and, so far in 2019, that has definitely been the case. Most bond managers have kept their focus on the dramatic decline in interest rates around the world. Much has been said about the level of...
by Leo Belmonte | May 18, 2018 | Leo's Blog
2018 marks year #10 since our last global market downturn. To place this into context, historically a market correction-recession typically happens every 5-6 years. As you can appreciate we are well beyond those statistics which leads me to believe we are closer to...
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...
by Securityfinancial | Oct 7, 2016 | Leo's Blog
In an effort to ensure that Canadians are not taking on more mortgage debt than they should, the Liberal government announced several changes that will come into effect beginning on October 17th. These changes are: 1.) Expanding the mortgage rate stress test to all...