In my previous articles, I have emphasized that financial planning is more than numbers on a page but rather that your plan is the cornerstone of long-term investment success. While it is tempting to focus solely on the performance of individual stocks or the headlines of the day, true wealth creation lies in the discipline of planning and the consistency of execution. A well-structured financial plan provides clarity, structure, and direction in an environment that can often feel uncertain, and since it is a living document, it is always prudent to review and stay on top of your plan. This is as true today as ever, particularly as we navigate the ups and downs of global markets with the first half of this year bringing significantly higher volatility.

The third quarter of 2025 marked a decisive turn toward optimism as markets built upon the stability achieved in Q2. With the 90-day tariff pause from “Liberation Day” providing breathing room for negotiations, investors found their footing amid a backdrop of constructive policy developments and encouraging economic data. The quarter’s performance provided evidence that the worst of the policy uncertainty may be behind us. Canadian markets delivered strong performance across the board, with particular strength in areas that had been overshadowed during earlier quarters.

Hola mi amigos. How was your summer? We enjoyed our time in northern New York along the seaway and made a few trips to Ottawa. However, much of our Canada day count was consumed with a list of items to tackle at the rural farm property and required visits to assist my aging father, whose condition continues to deteriorate. At 95 years of age he has certainly “beat the odds”, however in recent months, his quality of life has unfortunately declined. This was our second year outside of Canada with the CRA officially recognizing us as “having left Canada” and accepting all our tax filings as submitted.

Did you know that online scams targeting investors are on the rise? Fraudsters are becoming increasingly sophisticated—using emails, texts, and even fake websites to trick people into sharing personal information or sending money. At Prittie Private Wealth & Mandeville Private Client Inc., protecting your assets goes beyond markets as we also want to safeguard you from these growing digital threats.

Fall 2025’s real estate market theme is perhaps best summed up as “wait and see”. The spring market was flat. Experts have mixed reports about the national average home prices for the remainder of the year. Most (CREA, CMHC, etc.) predict a drop between 1.7-3.2%, but Royal LePage is an outlier still echoing their early year prediction of 3.5-5% price increase.

There are some notable regional differences. In Alberta, Saskatchewan and Quebec, they could see sales at historically high levels and faster price growth.

At Prittie Private Wealth, our primary goal is to ensure that Electronic Funds Transfers (EFTs) and Wire Orders are initiated, executed, and approved securely and efficiently—while meeting your needs. Whether you’re purchasing a new vehicle or making another important purchase, we want to ensure you receive your funds on time.

In our last edition of the Prittie Perspective, I wrote about navigating uncertainty and the fog of the trade war. Much has happened in the last three months with the US Administration’s “Liberation Day” occurring the day after our last newsletter. Since then, we saw a significant market reaction and geopolitical concerns from global leaders over the future of trade and the reliability of the United States as a partner. Stock markets reacted with both fear and contempt upon the unveiling of the reciprocal tariff schedule as many economists felt is grossly mischaracterized the reality of global trade. This due to the United States being a largely knowledge-based economy that imports goods from smaller countries to meet the demands of its population.

The second quarter of 2025 began on uncertain footing following “Liberation Day,” a surprise policy announcement in the United States on April 2nd that triggered a wave of market volatility. The resulting selloff saw equities decline sharply as investors scrambled to understand the fiscal and regulatory implications. Despite this early disruption, markets regained stability over the quarter and ended with gains due to the administration’s decision to pause the tariffs for 90 days as well as the announcement of several tentative trade deals.

Spring was busy in Panama with enjoyable social functions and charity involvement. We were pleased to be a serious contributing sponsor for both the Pro-Ed after school program and a community work program. This work initiative, organized by AVACA, rewards children for local efforts in the community gardens, cleaning the beach area and other simple but worthy tasks. In exchange for four hours volunteering, children are rewarded with school supplies, backpacks and shoes etc. It provides children with comradery, a reward for effort and self-fulfillment and satisfaction. Another initiative I co-sponsored through my company Transocean Global Consulting Ltd, was AVACA’s San Felipe community Medical/Dental Fair, where children and aged grandparents receive medical/dental care for free.

At Prittie Private Wealth, our commitment to delivering a secure, seamless, and sophisticated client experience remains unwavering. As part of this commitment, we are excited to highlight the Mandeville Client Portal’s Vault—our digital solution designed to streamline document management, elevate communication, and empower your financial journey.

A Vault That Adds Real Value
The Mandeville Vault isn’t just a file-sharing tool—it’s a comprehensive, secure hub for all your financial documents. Whether you’re collaborating with family, accountants, or legal advisors, the Vault brings everything together in one centralized space. Here’s what makes it exceptional:

If you’re interested in buying a vacation home, there is a lot to consider. A good first step is to consider your 5-year and 10-year plans. Will you get enough use out of it? Do you have other, more immediate or important financial goals? What’s the opportunity cost?

 
If you’re set on the vacation home, but don’t plan on paying cash for the property, the next step will be to plan how to finance it. Here’s what to ask yourself:

At Prittie Private Wealth, our primary goal is to ensure that Electronic Funds Transfers (EFTs) and Wire Orders are initiated, executed, and approved securely and efficiently—while meeting your needs. Whether you’re purchasing a new vehicle or making another important purchase, we want to ensure you receive your funds on time.