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Recession, what recession?
 Even though the "Great Recession" of 2008-09 officially ended in mid-2009, investor memories of that chapter of economic history remain surprisingly fresh. The deep recession, coupled with a historic decline in financial markets, continues to draw comparisons to the Great Depression era of the 1930s. Since the end of the downturn in 2009, global economic activity has moved in fits and starts. During this time, policymakers around the world have gone to unprecedented lengths to ensure that their respective nations and economic unions have kept their collective heads above water. Unfortunately, Statistics Canada recently confirmed fears that the country had, in fact, slipped back into recession during the first and second quarters of 2015. While any period of recession is clearly unwelcome, the downturn is expected to have ended in the third quarter. For investors, focusing on the longer term and taking advantage of the calming influence of professional advice can help avoid mistakes associated with panicking when the economy weakens and markets decline. Speak with your advisor to discuss your financial strategy please contact our office at |
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The Latest  Bring in an unwrapped toy
For many kids, the holiday season means presents, parties and fun with family and friends. However, the reality is that many kids won't have a Christmas this year. Coming from families with little or no money, these kids are often lucky to receive a hot meal, let alone a brightly-wrapped gift. Toy drives are a great way to support a very worthy cause - bringing smiles to the faces of needy children during a magical time of year. All you have to do is place your unwrapped toy under our tree to put a smile on a little child's face. For more information please contact Zahra Buchanan at TOY DRIVE or Donations will be dropped off by TMFG at the CHUM Warehouse on Age range from newborns to preteens. |
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The Latest
Canada's Housing Market
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Assante Capital Management Ltd. is a member of the Canadian Investor Protection Fund and is registered with the Investment Industry Regulatory Organization of Canada. This material is provided for general information and is subject to change without notice. Every effort has been made to compile this material from reliable sources however no warranty can be made as to its accuracy or completeness. Before acting on any of the above, please make sure to see me for individual financial advice based on your personal circumstances. Insurance products and services are provided through Assante Estate and Insurance Services Inc. The opinions expressed are those of the author and not necessarily those of Assante Capital Management Ltd.
Let's keep communicating. We value our relationship with you and want to stay in touch, whether it's regarding events or newsletters. In brief, The McClelland Financial Group aims to provide you with information that is relevant to you. As you are likely aware, on July 1, 2014 Canada's Anti-Spam Legislation (CASL) came into force which requires your consent to receive electronic communications.
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