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Federal Budget Predicts Falling Interest Rates, No Recession? – The Loonie Hour Episode 132
The federal government dropped their latest budget which predicts no recession and falling interest rates. Will this make the Bank of Canada’s job more difficult? Increased capital gains taxes will come with consequences, particularly for entrepreneurs. Who is really running the show in Ottawa? Robert Asselin, former economic advisor to Finance Minister Morneau joins the podcast.
Check Out BMO’s S&P 500 Index ZSP ETF Here: https://bit.ly/3xzrAO8
BMO Global Asset Mgmt, November 2023. Based on $11billion in AUM in ZSP and ZSP.U.
BMO S&P 500 Index ETF ZSP | BMO Global Asset Management (bmogam.com)
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MEET THE HOSTS
Steve Saretsky
Steve Saretsky
Steve is a top producing Vancouver Realtor and Real Estate investor, and is widely considered a thought leader in the industry with regular appearances on BNN, CBC, and Yahoo Finance. Steve’s dedication to analyzing the stats, financial landscape, and policies affecting Canadian Real Estate have allowed him to build a successful business among the top 1% of Greater Vancouver Realtors, while working with and providing advisory services to investment advisors, financial institutions, policy makers and Real Estate developers.
Keith Dicker
IceCap Asset Management
Keith has over 20 years of investment experience as a portfolio manager. He started his career in Halifax with a large Canadian bank where he managed high net worth portfolios on a discretionary basis. Next, for 10 years Keith managed portfolios for an offshore bank in Bermuda where as a senior portfolio manager and head of global equities, he was responsible for global investment strategies including asset allocation, equities, fixed income, commodities, alternative investments, and multi-currency.
Richard Dias
PGM GLOBAL
Richard is driven to provide quality research to investors drawing upon years of experience in financial services. Having started his career at BCA Research, then as the Global Macro Strategist for Talisman Global Asset Management (UK), and most recently as a Global Strategist for Pictet Asset Management in London (UK), Richard can be relied upon to provide clear actionable insights for asset allocation and portfolio construction. His commitment to integrity, originality and clarity of thought is at the core of PGM Global values.
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