To build on this legacy of giving and making a social impact, we are excited to be the lead champion of the Calgary Surge Assist initiative. By teaming up with Kids Up Front Calgary, we’ll be sending over 300 children to Surge home games during its 10-game home season schedule in the Canadian Elite Basketball League.
The Youth of Distinction Awards (YODA) recognize deserving youth, 12-18 years of age or still in high school, for the remarkable ways in which they have chosen to live.
The federal budget was released March 28th. Here are the highlights from an investment standpoint.
At OUTLOOK 2023, one of our major trends for the year ahead was the reopening of the Chinese economy. The country’s zero-COVID policies have been easing over the last few months and the rapid reopening has meant that the world’s second-largest economy is finally back to business. Lockdowns had hampered the growth of the Chinese economy drastically only growing 3% for the full year of 2022, the second slowest growth rate realized by the country since 1976.
Over the last year and a half, we have experienced one of the fastest upward revisions of interest rates in a lifetime. Never has the Bank of Canada’s Policy Rate increased from effectively nothing to 4.5% in one year, the most aggressive economic tightening in decades.
When the market falls in love with a new narrative there are always significant winners and losers. The increase in prices of equities or markets at the center of the new narrative can be parabolic with investors concentrating on one area.