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 15, 2017 | Leo's Blog
Lately, there has been much media hype about the Canadian economy, and the data seems to suggest we are certainly experiencing growth. However, one pressing question remains – how much of this growth will actually be felt by the average Canadian? Recently, the...
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 21, 2016 | Leo's Blog
Over the past week, I had the privilege of attending conferences from both Fidelity Investments & Renaissance Investments in order to gather some insight on market direction from three of their top portfolio managers. I was lucky enough to listen to Steve...
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...