What to expect from the Canadian economy in 2018

December 29, 2017

Andrew Pyle, senior wealth advisor and portfolio manager at The Pyle Group, Scotia Wealth Management, offers an assessment of the Canadian economy that has the housing market “coming off the boil.” He expects leadership for growth in 2018 will be provided through exports, possibly on the manufacturing side. Turning to the U.S., Pyle anticipates the bulk of corporate tax savings will be spent on stock buybacks. Pyle outlines where he sees opportunities in Canadian stocks including the energy sector, banks and utilities.

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