Assante Team

Helping our clients
gain financial confidence

The Fed is the new macro

Markets | Apr 1, 2019

Stock markets have rallied significantly and consistently since 2009 when central banks cut interest rates to zero and increased the money supply through quantitative easing (QE) programs. Ten years later, these measures are largely still in place. Even though it is not their mandate, central banks have been supporting financial…

2019 Federal Budget Commentary

Wealth Planning | Mar 20, 2019

On March 19, 2019, federal Finance Minister Bill Morneau tabled the Liberal government’s highly anticipated budget – the final one before the October 2019 election. After accounting for Budget 2019 proposals, the budgetary balance is expected to show deficits of $14.9 billion in 2018-2019 and $19.8 billion in 2019-2020. Over…

This is what it sounds like when doves cry

Markets | Feb 27, 2019

Markets roared back in January from December’s steep sell-off. The S&P/TSX Composite Index was up 8.7% – it’s best month in a decade. In the U.S., the S&P 500 Index had its best January performance in over 30 years. International equities also surged and the “risk-on” sentiment echoed across other…

2019 BC Budget Commentary

Wealth Planning | Feb 20, 2019

Finance Minister Carole James tabled the 2019 British Columbia provincial budget on February 19, 2019. The budget projects surpluses of $274 million for the 2019-2020 fiscal year, $287 million for the 2020-2021 fiscal year and $585 million for the 2021-2022 fiscal year. On the income tax side, there were no…