Leo’s Blog | The Latest News

Control Your Destiny, for Clients’ Sake

Hard to believe the summer is almost over, my children are already going back to school next week and I ask myself where has the summer gone? In any event, I wanted to share with you a featured article I wrote for BMO Global Asset Management’s newsletter. In it, I...

read more

Feature in BMO Insight Magazine

I wanted to take this opportunity to share my interview with BMO Global Asset Management Investment Review. I was featured in their Insight magazine which is an industry publication. I discussed my philosophy about the framework for constructing client portfolios. The...

read more

Late cycle: don’t be a ‘deer in the headlights’

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...

read more

Fundamentals or hype?

Does the average person buy a stock/business because they understand the business model, they understand it’s competitive intelligence, it’s barrier to entry for the competition, and their financial position?  Or do they buy based on hype?  I am writing this note due...

read more

Is the Canadian economy losing steam?

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...

read more

Security Financial Deposit Group – competitive GIC rates

Over the years clients of the firm have been asking about GIC deposits and unfortunately I always turned that business away as there was no offering in place. Today I am pleased to announce the launch of Security Financial Deposit Group! Security Financial Deposit...

read more

Canadian Consumer Data

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...

read more

A surprise interest rate hike by the Bank of Canada

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,...

read more