Leo’s Blog | The Latest News

TD’s Assessment of the Canadian Housing Market

I wanted to take a few minutes of your time to share with you some key highlights from a conference I just attended. Keeping on top of this fast-paced industry can be challenging. TD Asset Management Inc. (TDAM) hosted a conference in New Orleans that brought together...

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New Provincial Housing Measures

Late last week, Premier Kathleen Wynne announced a series of changes that are aimed at cooling the hot housing market in the GTA. With fears that the market has entered bubble territory, the government felt that intervention was necessary to take aim at foreign...

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Average Canadian Tax Bill

As Canadians, we typically vent about the amount of money we are paying to our Governments. Every year it seems like this amount is getting larger, but we never really examine how much we are paying relative to other Nations. A recent report from the OECD ranked 37...

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Top 50 advisors in Canada

Each year Wealth Professional (highly respected news publication in the financial services industry) reaches out to the financial services community in order to compile a list of the top advisors that are driving the business forward. Given the fact that there are...

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Investing in the Trump Era

With the U.S inauguration officially behind us, and President Trump now in the White House, I thought I would send you a list of his major campaign promises as a recap: · Undertake fiscal stimulus measures · Reform the tax system · Repatriate offshore profits ·...

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U.S. Interest Rate Hike

During the last Federal Reserve System meeting of 2016, Janet Yellen has announced an increase to interest rates in the United States by 0.25%. As it stands, interest rates in the U.S. are at 0.75% but the Federal Reserve has signaled for approximately three more rate...

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U.S. Election Result

I must admit I have been quite surprised by the resilience of the market yesterday and what I am seeing in the futures this morning. Statistically, the day after an election, the U.S market is down on average 1.8%. When President Obama was elected 8 years ago, the...

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Fidelity Investments & Renaissance Investments Conferences

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...

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TD Expects Canada to Run Bigger Deficits Than Budgeted

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...

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New Mortgage Rules

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...

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