Recession Proof Canadian Equities and Dumping Govt Bonds

February 1, 2016

It’s time to get defensive, according to Andrew Pyle, Senior Wealth Advisor, Portfolio Manager, The Pyle Group, ScotiaMcLeod. His main strategy for positioning money in Canadian equities is to recession-proof the portfolio. That means names such as Loblaw and Dollarama. And forget Canadian government bonds. Pyle says “the mattress would do a better job.” For fixed income, he suggests investment-grade corporate bonds.

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