Millicent Hicks, Scotia Wealth Management

11/02/2026

Canadian equities returned -0.42%, as tighter monetary policy and signs of softer growth weighed against support from the resource sector, leaving domestic stocks caught between higher-rate concerns and volatile commodity markets.

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

Market highlights Tech reversal and hawkish central banks test markets Strong data keeps rate risks alive Economic highlights BoC hikes as growth data softens Fed holds rates steady as U.S. growth accelerates, inflation remains elevated Eurozone economy grows as ECB holds rates steady amid inflation...

10/29/2026

Does your corporation earn investment income? Understanding how it is taxed is an important part of your wealth plan. This article explores:

• How passive investment income differs from active business income
• Taxation of investment income earned within a corporation
• Select tax planning considerations

Read the article to learn more. For personalized advice, we invite you to reach out to our team.

ABI is earned from active business operations. Passive investment income generally includes interest, rents, royalties, foreign and Canadian dividends, and capital gains earned from investments in property. Any reference throughout this article to an Opco or Holdco is to a CCPC. For more information...

10/29/2026

🎬✨ The girls were out an about this week!! We are proud to have sponsored the St. John’s International Women’s Film Festival (SJIWFF)!

Celebrating powerful stories, inspiring women, and the impact of film in bringing people together. We’re happy to support an event that showcases creativity, talent, and the voices of women in our community. 💜

10/28/2026

Are you making the most of your registered savings accounts? With year-end approaching, it's worth reviewing your FHSA, RESP and other contribution opportunities.

Understanding the deadlines and tax benefits can help you make decisions that align with your financial goals.

Read more about year-end tax planning: https://millicenthicks.com/2026-year-end-tax-planning-considerations/

The fourth quarter of the year is generally a good time to review your annual tax planning for the current and coming years, especially as certain dates and deadlines approach. Below are some tax planning tips to consider as part of your review.

10/26/2026

Global equity markets have done an impressive job of navigating geopolitical tensions, rising and persistent inflation, elevated bond yields, and recurring concerns about the rapid growth in hyperscaler capital expenditure this year.

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.

10/22/2026

What could Canada’s push for business investment mean for investors?

Following September’s Canada Investment Summit, this Scotia Wealth Management report explores how announced tax incentives and investment commitments could influence corporate growth and opportunities across Canadian markets. Originally published earlier in October, the report’s broader discussion of Canada’s long-term investment outlook remains relevant.

Read the report for a closer look at the potential—and the uncertainties that remain.

At a Glance The Canadian government, in conjunction with CPP Investments and PSP Investments, hosted its first-ever Canada Investment Summit in Toronto on September 14–15 2026, drawing investors from nearly 30 countries. The event produced almost $500 billion in newly announced investment commitme...

10/22/2026

Our team was happy to spend some time volunteering at Rainbow Riders and supporting the wonderful work they do in our community. Shout out to Olivia, who worked alongside us the whole time and was a wealth of knowledge.

10/21/2026

Planning for your family’s financial future involves more than just investing. It can also mean understanding how different tax strategies may benefit your family over time.

A prescribed rate loan may help shift investment income to family members in lower tax brackets, but proper structuring and ongoing management are essential.

Read the latest article from Scotia Wealth Management to learn more about the potential benefits and important considerations.

If you have accumulated wealth and family members with little or no taxable income, a prescribed rate loan strategy may be one way to support your family’s tax planning.

10/19/2026

Canadian equities returned 2.96% as early gains in energy faded on rising yields after the U.S. inflation reports, before a sharp Thursday rebound helped recover some of the midweek losses.

Get up to speed—Scotia Wealth Management’s latest market news is online now.

Market highlights Chip selloff and hot inflation data test risk appetite Inflation surprise and haven demand pull yields in both directions Economic highlights Canadian activity holds up unevenly as inflation risks persist U.S. inflation rebounds as energy surge lifts consumer, producer prices Euroz...

10/19/2026

A lasting legacy includes the values, conversations and knowledge we share with the next generation.

You're invited to join Generational Researcher Kim Lear and Scotia Wealth Management’s Michael Sherman for insights on preparing future generations for wealth and responsibility while strengthening family relationships.

Reserve your spot today: https://weave.bespokeav.ca/webcast/registration/55643b79-4058-42a7-894d-bd272d830598