2017 FEDERAL BUDGET

March 23, 2017

HIGHLIGHTS

On March 22, 2017, Finance Minister Bill Morneau delivered the Liberal government’s 2017 Federal Budget. The budget estimates a deficit of $23 billion for 2016 – 2017 and a deficit of $28.5 billion for 2017 – 2018. Canada’s national debt will increase by $143 billion over the next five years and is expected to be approximately $759 billion at the end of 2021 – 2022. Read More…


U.S. ELECTION RESULTS: A TRUMPOCALYPSE?

Myles Zyblock, MA, CFA, Chief Investment Strategist, 1832 Asset Management L.P.

November 11, 2016

The polls and betting markets this summer had the odds tilted massively in favor that the U.K. would vote to remain in the European Union right up until the vote. The polls and betting markets had the odds tilted massively in favor of Americans electing Hillary Clinton as President right up until the vote. The polls have proven to be incredibly misleading. Read More…


Aftermath of UK Referendum

UK Referendum delivers surprise to global markets

June 24, 2016

Overnight the UK population voted to leave the European Union which has surprised global markets as the Remain vote was expected to win in a tight race. Equity markets are declining in every part of the world and have been hit especially hard in Europe while bond yields are moving lower and the USD is gaining against all other currencies.

So what happens next and why are markets declining?

Read More…