Where are we now?

While the 2020 Canadian economic outlook was slightly downgraded to 1.6% instead of 1.7%, global growth is shaken by the potential implications of the Coronavirus. Concerns for many citizens is heightened by the reality that China has replaced the U.S. as the single largest trading partner for the global economy. A cautious investment approach may need to be considered especially when we consider the previous economic experience of the SARS virus in 2003.