The federal Liberal government’s 2019 fiscal blueprint landed Tuesday, all 460 pages of it. One day removed from Budget 2019— grandly titled “Investing in the Middle Class”—you’ll have little difficulty sourcing opinion/reaction… be it from mainstream media outlets, Bay Street economists, the business community, tax lawyers/consultants, lower level governments, and any number of stakeholders of varying stripes and persuasions. Our detailed write-up can be accessed here. As you might gather, there was a lot going on, with a variety of new measures (primarily spending commitments) rolled out ahead of a scheduled fall election. To complement our detailed write-up and in a nod to the more visual learners out there, we’re using this Quick Hit to distill the budget down to 12 charts, tacking on some brief commentary (plus a related political cartoon, which we reproduce just for fun).
** I have prepared this commentary to give you my thoughts on various investment alternatives and considerations which may be relevant to your portfolio. This commentary reflects my opinions alone, and may not reflect the views of National Bank Financial Group. In expressing these opinions, I bring my best judgment and professional experience from the perspective of someone who surveys a broad range of investments. Therefore, this report should be viewed as a reflection of my informed opinions rather than analyses produced by the Research Department of National Bank Financial **