MARKET UPDATE

Market update

After a strong first quarter in Canadian stocks, weaker economic data started to take its toll on the equity market. We still feel good about the U.S. economy but we see the risk/reward ratio tilting more toward “risk.” Overall, we feel that higher volatility is here to stay and further upside in most equity and bond markets may be limited. Chief Investment Officer, Sadiq S. Adatia explains in his Q2 market update.

INVESTMENT MANAGEMENT

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