Millicent Hicks, Scotia Wealth Management

09/09/2026

Canada’s counter-tariffs are now in effect, bringing new questions for inflation, economic growth and portfolio positioning.

Explore what the latest trade developments could mean for investors. Read the full article on our website.

Canada’s counter-tariffs on the U.S. took effect earlier today, and while the Canadian economy has been surprisingly resilient to date, new risks have now emerged. How is Canada’s retaliatory action expected to impact the economy, which factors may help mitigate further escalation, and how may i...

09/08/2026

Canadian markets trailed their southern neighbors finishing 0.02% lower as oil-driven swings in energy names and a rate backdrop that turned less friendly after BoC flagged rising inflation risks compounded a soft August labour report.

New market insights from Scotia Wealth Management are now live on our site.

This week’s highlights Equity markets whipsawed by central bank signals and payrolls surprise Warsh sets the tone, payrolls have the final say Bank of Canada holds rates steady as labour market cools U.S. hiring rebounds as August job growth tops expectations Eurozone inflation heats up as factory...

09/04/2026

At The Millicent Hicks Group, we believe women deserve a financial plan built around their distinct realities — from an 18% gap in retirement income to being twice as likely to take on caregiving roles.

The Scotiabank Women Initiative® offers a tailored approach to help address these gaps, including:
• Holistic advisory services built around your goals and life transitions
• Access to tailored solutions across investing, estate planning, insurance, and more
• Specialized education and insights through Enriched Thinking®

For more information, please visit our website. https://millicenthicks.com/scotiabank-women-initiative/

09/03/2026

A trust can help protect beneficiaries, manage assets and support an effective estate plan.

In this article, we explore six common reasons to establish a trust, including:

✔️ Protecting assets for minors or young adults
✔️ Planning for blended families
✔️ Exploring tax-planning opportunities

Read the full article to learn how a trust may support your family and financial objectives.

Trusts have been around for centuries and used in many different circumstances. While there are many types of trusts, they share a common purpose: to help protect your beneficiaries and transfer property effectively.

09/02/2026

GET YOUR TICKETS for the hottest event in the city for 2026! Emcee Shaun Majumder makes for an incredible night! Electric musician Steven Page and Kevin Fox are the entertainers this year. MusiCounts and Kids Eat Smart Foundation Newfoundland and Labrador are the community benefactors. See you there!

Chef of Distinction Roger Andrews along with competing chefs Kyle Puddester, Michael Wozney, Lacey Coffin, Brennan Tower-Bowering and Cody Lambe.

Great Kitchen Party

09/02/2026

Like many Canadians, you want to use your wealth to give back to the community and the causes that have impacted your life. Philanthropy is a deeply personal act – a gift to charity represents your values, hopes and important life experiences. But you want to be confident that your donations will make a meaningful difference.

Here are three considerations as you incorporate philanthropy into your overall wealth plan.

Here are three considerations as you incorporate philanthropy into your overall wealth plan.

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.

Check out the latest market commentary from Scotia Wealth Management 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

Selling your business is likely the largest transaction of your life. If an unsolicited buyer reaches out, here's what you need to know before you respond.

The process of selling a business is complicated, and when not approached carefully, it could expose the owner to unnecessary risk. It is often the largest transaction of a business owner’s life and will likely have a significant impact on their future and the future of their loved ones.

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.

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

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 ...