David Ritcey, Senior Wealth Advisor, Portfolio Manager

05/28/2026

Welcoming Our Newest Little Team Member

We’re thrilled to share some wonderful news from the Ritcey Woodworth Advisory Team —Steve and his wife Amisha recently welcomed a beautiful new baby boy – Jay.

Please join us in congratulating their growing family on this exciting new chapter. We know this little one is already surrounded by so much love, and we couldn’t be happier for them.

Our team continues to grow in more ways than one, and we’re grateful to celebrate these special milestones together.

From all of us at the Ritcey Woodworth Advisory Team — congratulations and welcome to the world, little one!

05/28/2026

In case you missed it: Scotia Wealth Management recently provided a summary of the significant tax measures announced in the 2026 Economic Update and the potential impact on you, your family, and your business.

On April 28, 2026, in Ottawa, Canada’s Minister of Finance and National Revenue, François-Philippe Champagne, delivered the 2026 Spring Economic Update (2026 Economic Update), titled “Canada Strong For All”. The economic and fiscal update, commonly known as the economic statement, traditional...

05/27/2026

Over the past several decades, women in Canada have increased their financial influence through higher workplace participation, greater representation in leadership roles, and growing levels of business ownership, making proactive legacy planning increasingly important.

No matter your age, marital status or whether you have children, here are some key reasons women may want to prioritize estate and legacy planning.

Over the past several decades, women in Canada have increased their financial influence through higher workplace participation, greater representation in leadership roles, and growing levels of business ownership, making proactive legacy planning increasingly important.

05/25/2026

In Canada, yields are down 6-7 bps across maturities. German yields are down 8 bps on the longer end and 11 bps on the short end of the curve. French, Spanish and Italian yields are following a similar pattern and down 9-12 bps.

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

Featured in the report   Week ahead preview: May is coming to a close with uncertainties remaining practically as elevated as they were at the start of the month. This week’s global calendar is relatively quiet as far as scheduled events or data go and the earnings season is winding down, so head...

05/22/2026

While most investors are aware of stock market leading indicators, relatively few understand what they mean and how they work.

Leading indicators are signals that anticipate future market movements, helping investors and those who advise them predict shifts before they happen.

Read more on our new blog.

While most investors are aware of stock market leading indicators, relatively few understand what they mean and how they work. Leading indicators are signals that anticipate future market movements, helping investors and those who advise them predict shifts before they happen. The Consumer Confidenc...

05/21/2026

Pension income splitting may be a valuable strategy to help optimize your retirement income and potentially reduce your overall tax burden. Visit our website to learn more, and feel free to contact us with any questions about your retirement planning options.

Pension income splitting is a simple, yet effective, strategy to help provide tax-efficient retirement income for couples.

05/20/2026

After 35 years of building a successful dry-cleaning business across Southern Ontario, the Fosters are now in their early 60s and ready to retire. With their adult children uninterested in taking over the family business, they sold it to an external buyer for $25 million. However, the sale triggered a significant $5 million capital gains tax liability – a cost that could impact their long-term plans.

Discover how business owners can turn tax liabilities into opportunities to preserve wealth and create lasting charitable and family legacies.

Discover how business owners can turn tax liabilities into opportunities to preserve wealth and create lasting charitable and family legacies.

05/19/2026

Strong corporate earnings have supported risk assets, offering relief amid heightened geopolitical uncertainty and persistent inflation risks. However, moderating global growth, rising oil prices, and a more hawkish central bank backdrop argue for a balanced investment stance rather than a material increase in risk.

Catch up on the latest market news from Scotia Wealth Management - it’s on our news page now.

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

05/14/2026

Fraudsters target people of all ages, and anyone can fall for a scam. A recent Scotiabank survey found that nearly 9 in 10 Canadians have been targeted by fraud.

Visit our website for tips on speaking to your loved ones about protecting themselves and their finances, how to spot scams, and what to do when fraudsters take advantage of a family member.

Your guide for starting conversations with your loved ones about scams to help protect them against fraud.

05/13/2026

Beyond financial value, your family business represents years of sacrifice, identity and legacy. Transferring a business to your adult children could be one of the most meaningful, yet complex, decisions you will make.

Learn more from Scotia Wealth Management.

Beyond financial value, your family business represents years of sacrifice, identity and legacy. Transferring a business to your adult children could be one of the most meaningful, yet complex, decisions you will make. When handled well, succession could strengthen both the enterprise and family rel...

05/11/2026

Canada broadly tracked U.S. risk sentiment, with equities buffeted early by geopolitical-driven commodity volatility, then supported as easing oil prices, resilient corporate results, and improving risk appetite lifted domestic cyclicals, despite lingering sensitivity to U.S. trade negotiations given the economy’s exposure to autos and cross-border supply chains.

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

This week’s highlights Equities look through geopolitics as tech earnings regain control Rates reprice geopolitical risk as energy volatility partly unwinds Canada’s unemployment rate rises as full-time jobs drop U.S. labour market shows resiliency as unemployment rate holds steady Eurozone manu...