In this newsletter, I want to provide you with a deep dive into the markets, global events, and the impacts they have had on markets and your portfolio over recent months.

The first quarter of 2026 was shaped by a familiar mix of geopolitical tension and shifting investor sentiment. The conflict involving Iran introduced fresh uncertainty into global markets, and while Canadian equities held up reasonably well, U.S. stocks pulled back meaningfully. Beneath the surface, we saw investors move toward safer…

At Prittie Private Wealth, delivering a high level of personalized service has always been at the core of what we do. As our client relationships continue to grow and evolve, so does our team—ensuring we can continue to meet your needs with the same care, responsiveness, and attention to detail you expect.

Most (if not all) of us would be thrilled to see a big tax return. Who doesn’t want money back each spring? However, you might want to rethink that in some instances as a sizeable tax return could be doing you a disservice. You may be asking yourself how this could be, and a common example is your employer may be withholding more than the ideal amount of tax at source.

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.

As we step into 2026 together, I want to extend my warmest wishes for a year of meaningful experiences, good health, and personal achievement. Each new year brings with it a blend of optimism and uncertainty, and 2026 is no different. What distinguishes successful outcomes for long-term investors is not prediction, but preparation grounded in disciplined planning, diversified strategy, and a clear understanding of the evolving market landscape. As we saw in 2025, the investment landscape can be volatile, and it can change quickly from day to day, but the long-term outlook remains the same: a steady upwards march when holding proven, high-quality assets in a well-diversified portfolio designed for your objectives.

2025 will be remembered as a year defined by divergence—between regions, between market capitalizations, and between expectations and outcomes. What began under the weight of uncertainty gradually evolved into a far more constructive environment as inflation moderated, central banks pivoted, and investors selectively re-embraced risk. While volatility surfaced at various points throughout the year, markets ultimately rewarded discipline and patience, particularly in areas that had been previously overlooked.

We hope you all enjoyed a great Christmas season and that 2026 brings with it health, happiness, and prosperity.
In Panama, Christmas is quite the celebration. What we lack in snow and reminders of the north pole, is overshadowed by extensive light displays and the Christian religious aspects. Social events are frequent and local theatres are devoted to themes like The Nutcracker ballet. It is a busy time of year here and a reminder not to visit anywhere near the large shopping malls, which become packed with traffic and holiday shoppers.

At Prittie Private Wealth, our goal is to continuously enhance how we support you—through meaningful feedback, accessible education, and intuitive technology. Several recent initiatives reflect this commitment and are designed to help you and your family feel confident, informed, and engaged in your financial journey.
Your Voice Matters: Client Engagement Survey
We recently sent out our Client Engagement Survey and encourage all clients to take a few minutes to participate. As a thank-you for your time and feedback, all completed surveys will be entered into a draw to win one of two $100 Visa gift cards.

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 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.