December 2017 VPI Canadian Equity Pool – Growth Through Business Ownership To read the complete newsletter click here
The more global the economy becomes, the more events far from home can affect the companies in the VPI Portfolios. Here are two stories about how U.S. President Donald Trump – specifically with his newly-passed tax cuts and hard line stance on NAFTA negotiations – is having an impact on the VPI Canadian Equity Pool…. Read more »
The Bank of Canada has decided to keep its benchmark lending rate steady at one percent, pausing after two small hikes earlier this year. To read an update on the budget click here.
The bank of Canada indicated it’s in no rush to cool an economy that is very close to running up against capacity constraints, citing a long list of worries ranging from gains in the Canadian dollar to risks associated with growing protectionism in the US. To read the entire article click here.
Finance Minister Bill Morneau is adjusting his tax proposals on passive income so only three percent of the “most wealthy” privately owned corporations will have to pay higher taxes. To read an update on the budget click here.