Financial markets will likely be pleased that the capital gains tax rate did not rise.

Growth in Cdn economy will come from fiscal stimulus in form of infrastructure spending.

Fed budget themes: •Fund merger changes•Tax planning w/ private corp’s paper•Simpler caregiver credit •Transit credit eliminated •“Uber”-tax

US Admin’s fiscal stimulus may be delayed given US growth and projection and Fed’s plans for rate hikes and tightening monetary policy.

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