David Ritcey, Senior Wealth Advisor, Portfolio Manager

08/31/2026

U.S. equities opened the week on the defensive as broad technology and semiconductor weakness weighed on sentiment ahead of a heavy macro and earnings calendar, before a sharp drop in oil on easing Middle East supply fears fuelled a Tuesday relief rally; gains stalled midweek as a firmer July Personal Consumption Expenditures (PCE) print revived inflation concerns and investors sat on their hands ahead of Nvidia, whose strong outlook, alongside Salesforce’s guidance, drove a broad Thursday advance that consolidated Friday ahead of Warsh’s Jackson Hole address.

Stay informed—Scotia Wealth Management’s latest market news is now on our website.

This week’s highlights Tech earnings buoy markets as oil relief offsets inflation caution Trade shock, then inflation: a two-part week for sovereign bonds Canadian GDP beats the odds amid tariff turmoil U.S. inflation holds above target as Warsh signals Fed still has “work to do” Firmer Europe...

08/27/2026

A meaningful legacy goes beyond the transfer of wealth. It's about aligning financial decisions with shared values, strengthening family relationships and preparing future generations to thrive.

This article explores how families can:
✔️ Define a shared mission and vision
✔️ Prepare wealth creators and heirs
✔️ Build trust through open communication

Read the article to learn how intentional planning can support a lasting legacy.

Legacy planning is more than simply passing on assets—it is also the opportunity to align financial strategies with shared values to ensure unity, purpose and long-term impact. Intentional planning can help families protect relationships, strengthen stewardship and prepare future generations to th...

08/26/2026

The U.S. imposed additional 50% tariffs on approximately $20 billion of Canadian goods, from August 22nd. Canada has pledged to retaliate with its own trade measures two weeks from now, and Trump has threatened 50% duties on autos and parts, and steel on January 1st. Is the latest episode another detour within the broader CUSMA review process, or could it result in a permanent shift in the Canada-U.S. trade relationship?

This report sets out what the measures cover, where it sits in the broader CUSMA narrative, and how it could impact the Canadian and U.S. economies as well as markets and investment portfolios.

The U.S. imposed additional 50% tariffs on approximately $20 billion of Canadian goods, from August 22nd. Canada has pledged to retaliate with its own trade measures two weeks from now, and Trump has threatened 50% duties on autos and parts, and steel on January 1st. Is the latest episode another de...

08/24/2026

Canadian equities finished -0.28% lower in choppy trading, as a hotter inflation print that lifted Bank of Canada hike bets and tariff-deadline uncertainty offset firm commodity prices, a Wednesday tariff-delay pop and a retail-sales-driven Friday bounce.

Read the latest market news from Scotia Wealth Management - it’s on our website now.

https://ritceywoodworth.com/market-watch-147/

This week’s highlights Semis, oil, and tariffs steer equities lower despite late-week bounce Long-dated global sovereign yields spike before US Treasury increased buyback plan somewhat steadies rates Canadian inflation edges higher keeping tightening risks alive U.S. business activity accelerates ...

08/21/2026

Genomics is reshaping medicine—and creating a new frontier for investors. But with big potential comes meaningful risk.

Explore four key areas driving the genomics investment opportunity, and read the full article on our website to learn more about the opportunities, risks, and trends we’re watching.

As part of our commitment to track and analyze new categories of investment as they emerge, in this blog we want to discuss what can be colloquially called an investment hot button issue: genomics. Genomics involves mapping, sequencing, and analyzing entire genomes to understand their structure and....

08/21/2026

What happens when policies designed to solve one problem create entirely new consequences? Scotia Wealth Management’s latest quarterly outlook examines the forces shaping global markets, from tariffs and industrial policy to CUSMA, artificial intelligence and shifting capital flows.

🔗 Read the full report for global perspectives and regional analysis on the economy and markets: https://ritceywoodworth.com/highlights-the-cobra-effect/

08/20/2026

As you get older and start thinking more about preserving your wealth and passing it on to the next generation, taking advantage of tax, investment and estate planning strategies become increasingly important.

The following checklist outlines some common planning considerations to think about as you enter retirement.

08/19/2026

Women’s health is getting more attention now, but many women have spent years being told to push through symptoms that were misunderstood, dismissed, or normalized.

In this episode, Dr. Sheila Wijayasinghe, family physician and medical director of Primary Care Outreach at Women’s College Hospital in Toronto, explains why the gap in care still reverberates today — delaying diagnoses, affecting medical research, and impacting career growth, finances and day-to-day life.

Listen on our website now: https://ritceywoodworth.com/perspectives-podcast-the-hidden-cost-of-overlooking-womens-health/

Women’s health is gaining attention, but gaps remain. Dr. Sheila Wijayasinghe explains why overlooked care impacts diagnoses, work, finances, and daily life.

08/17/2026

Canadian earnings were also broadly constructive, led by Energy, Consumer Discretionary, and IT sectors. Continued optimism in these sectors also drove an uptick in growth expectations for the S&P/TSX Composite Index, with 2026 EPS now expected to rise 25% compared with a forecast of 18% at the end of March 2026.

Check out the latest market commentary from Scotia Wealth Management on our website.

A concise summary of major market events, their impact on financial markets, and implications for investment strategy.

08/13/2026

Mergers and acquisitions can create significant opportunities for growth—but they can also destroy shareholder value when expectations outpace ex*****on.

Our latest blog post examines the strategic rationale behind M&A, reviews notable successes and failures, and considers the factors investors should assess before buying into the promise of “synergy.”

Read the full article on our website.

There are few expressions in the world of investment management that inspire fear and greed in equal measure than merger and acquisition. Game-changing, cautionary tale, and winner’s curse are three of the most frequently used phrases to describe the phenomenon. The first suggests triumph. The sec...