Derek Morin CFP

11/05/2025

The much-anticipated Federal Budget introduces newly proposed measures that may shape how Canadians build and protect their wealth.

See our full summary for an overview of the key measures and what they could mean for your overall wealth plan.

Read our full 2025 Federal Budget summary. https://enrichedthinking.scotiawealthmanagement.com/2025/11/05/2025-federal-budget-summary/

scotiawealthmanagement.com

10/30/2025

U.S. Senate Votes to Block Trump's Tariffs on Canada

On October 29, 2025, the U.S. Senate passed a resolution to block President Trump's tariffs on Canadian goods—marking a symbolic rebuke—by a vote of 50–46, with several Republicans crossing party lines to support the measure.

Why does it matter? The resolution challenges Trump's use of emergency powers under IEEPA to impose steep tariffs on Canadian steel, aluminum, and more. While largely symbolic (the Republican-controlled House likely won't take it up), it sends a strong signal about bipartisan concern over executive overreach in trade policy.

theglobeandmail.com

10/28/2025

When even the CRA can't give a straight answer, what hope do the rest of us have?
Recent reports show call centre agents routinely give incomplete or inaccurate info, while internal systems fail to catch multi-million dollar fraud. In a world flooded with noise, finding clarity is harder than ever—and that's a problem.

financialpost.com

09/17/2025

🔔 Bank of Canada Cuts Interest Rate: What It Means for Investors
The Bank of Canada has lowered its benchmark rate to 2.5%, shifting its focus from inflation control to supporting economic growth. This decision reflects growing concerns about slowing consumer demand and a softening labour market.
💡 Key Takeaways for Clients: • Economic momentum is weakening
• Inflation is nearing target levels
• Further rate cuts may be on the horizon
At ScotiaMcLeod, we're committed to helping clients navigate changing market conditions with clarity and confidence. Now more than ever, strategic ex*****on is key.
"The most brilliant strategy won't lead to success unless it's executed effectively." – Bill Gates
Let's ensure your financial strategy is aligned and actionable.
📞 Reach out to discuss how this rate change may impact your portfolio.

advisor.ca

08/31/2025

📉 Why the Average Investor Underperforms Their Own Investments
Despite holding strong-performing funds, many investors earn less than their investments. Why? Behavioral mistakes.

🔍 Morningstar's "Mind the Gap" study shows a 1.7% annual gap between fund returns and investor returns—driven by poorly timed decisions.

💡 Peter Lynch warned:
"Far more money has been lost by investors preparing for corrections than in the corrections themselves."

🧠 Strategy is only half the equation. As Bill Gates said:
"The most brilliant strategy won't lead to success unless it's executed effectively."

✅ Close the gap with:
• Staying invested
• Diversifying wisely
• Automating contributions
• Working with a trusted advisor

📈 Investing success isn't just about picking the right fund—it's about staying the course.

👉 Read the full article on my website to learn how disciplined ex*****on can help you capture more of your portfolio's potential.

derekmorin.ca

08/28/2025

📈 S&P 500 to 6,500? Why All-Time Highs Aren't the Top
Dan Sheehan outlines why the current market rally is just the beginning, not the peak. His thesis is built on four strategic pillars:
🔹 AI Infrastructure Boom – Led by NVIDIA, AMD, Microsoft, and Amazon, AI is driving a multi-decade growth wave.
🔹 Dovish Fed Policy – Rate cuts are likely, boosting equities.
🔹 Tax Reform Tailwinds – Corporate tax reductions could fuel earnings.
🔹 Stabilizing Trade Relations – Strategic tariff carve-outs reduce supply chain risks.
He also highlights nuclear energy as a key enabler of AI growth and sees crypto (Bitcoin & Solana) as leading indicators and diversification tools.
📊 With historical data showing strong returns after all-time highs, Sheehan projects the S&P 500 reaching 6,500 by Q4 2025.
🔗 Read the full analysis: investing.com

investing.com

06/23/2025

10 Years Already!

On June 22, 2015, I began my journey with Scotiabank, and I'm incredibly grateful for the opportunity that launched my career in personal finance. Over the past decade, I've learned so much—not just about finance, but about building meaningful relationships, financial planning, and the power of giving back to our communities.

The experiences I've had and the people I've worked with have shaped me into the person and professional I am today. From my early days at the Lakeshore Branch in Kelowna, to joining the incredible team at ScotiaMcLeod, to being recognized for fundraising efforts supporting local food banks—each chapter has been meaningful and memorable.

I've included a few photos that highlight some of these key moments:
📍 My last days at Lakeshore with two amazing mentors
📍 The team of advisors and coaches who welcomed me into wealth advice
📍 Celebrations of charitable milestones
📍 And the very first team I was lucky to be part of at Scotiabank

Here's to the next 10 years—full of new challenges, growth, and success. Thank you to everyone who's been part of this journey!

05/30/2025

$65,000 was raised for local homeless programs!!!!

Very grateful to spend the day paying some great hockey with fantastic people for an important cause. Hockey Helps the Homeless is a Canada wide tournament that is built to raise funds for local minor shelters and support programs. Keeping youth off our streets, safe and working on early identification and assistance to higher risk teens.

Getting out with my Scotiabank colleagues for this cause was lots of fun and I am looking forward to participating next year for the 3rd annual event. https://livesocial.seismic.com/a1dXze

05/20/2025

This is an interesting perspective on how to grow your wealth tax free. Most people only think of 2 of these methods.

What do you think of when you think of growing your wealth tax free?

scotiawealthmanagement.com

04/09/2025

It is hard not to get tied up in the ups and downs of market conditions, today was an example of how things can change in an instant.

One announcement has completely changed the market conditions, it is hard to know what is going to happen next.

People who use trusted and reliable financial strategies to manage their wealth will come out ahead of their peers as they have insulated themselves from the challenging decisions.

1. Have a financial plan

2. Build an investment strategy that is customized to said plan

3. Do not deviate based on things you cannot control

4. Live easy knowing you will be able to live your life and grow your wealth for today and generations to come.

derekmorin.ca

04/01/2025

ScotiaMcLeod® is an investment advisory firm that challenges conventions, explores new and innovative ideas, and pioneers Total Wealth solutions.

For over a hundred years, we have been helping Wealth Advisors and their clients grow and thrive. We do that by giving Wealth Advisors access to:

• Insights and support from a team of Scotia Wealth Management specialists

• Hands-on senior leadership who are focused on accelerating your growth

• Best-in-class client service capabilities

• The independence and autonomy to grow your business, your way

Fueled by an entrepreneurial spirit of growth, trust and collaboration, we will act as your trusted ally, empowering you to reach your full potential so you can leave a generational imprint—not just a footprint.

Are you in?

Learn more: http://ms.spr.ly/6043UfgnU