Weekly Insights

March 05, 2018 | Ronald J. Wilcock


March 2, 2018 - Insights into the equity, fixed-income, currency and commodity markets from RBC Wealth Management.

Our guest speaker at Rotary lunch on Friday was Loren Padelford from Shopify. He holds about 7 different titles but, basically is in charge of the Waterloo operation. They are expanding into the office behind the building DS is located in, and growing from about 350 to 800 employees in Waterloo. He is a very smart person and has some very visionary thoughts and ideas. Only one of which is that KW needs to grow its population by 50,000 over the next 5 years in order to support the tech companies, other companies, and spin off needs that are occurring here. He understands it is a tall order and is taking initiative to get parties involved. It will be interesting to see how close we can get to this particular vision.


This Past Week; Volatility continued and was further spurred by President Trump’s tariff announcement. Most global equity markets were negative with the TSX down -1.6%, the Dow at -3.0%, and the SP500 at -2.0% for the week. Just this morning Trump has indicated that the only way the steel and aluminum tariff’s come off is if NAFTA is renegotiated favourably. I would imagine this will dominate the final day of talks today.

Global Insight WEEKLY

A dose of discipline

March 2, 2018


The Weekend/Weather; It looks to be a little cooler this week with some possible snow in the forecast.


Have a great week.


My team provides a proven, comprehensive approach to wealth management for business owners and families. Should you know of any friends, family, or associates whom you think would benefit from our professional services, it would be my pleasure to talk with them to learn how we can help. Contact Us Here to be added to our Weekly Newsletter or to ask for a complimentary portfolio review.


This information is not investment advice and should be used only in conjunction with a discussion with your RBC Dominion Securities Inc. Investment Advisor. This will ensure that your own circumstances have been considered properly and that action is taken on the latest available information. The information contained herein has been obtained from sources believed to be reliable at the time obtained but neither RBC Dominion Securities Inc. nor its employees, agents, or information suppliers can guarantee its accuracy or completeness. This report is not and under no circumstances is to be construed as an offer to sell or the solicitation of an offer to buy any securities. This report is furnished on the basis and understanding that neither RBC Dominion Securities Inc. nor its employees, agents, or information suppliers is to be under any responsibility or liability whatsoever in respect thereof. The inventories of RBC Dominion Securities Inc. may from time to time include securities mentioned herein. RBC Dominion Securities Inc.* and Royal Bank of Canada are separate corporate entities which are affiliated. *Member-Canadian Investor Protection Fund. RBC Dominion Securities Inc. is a member company of RBC Wealth Management, a business segment of Royal Bank of Canada. ® / TM Trademark(s) of Royal Bank of Canada. Used under licence. © 2018 RBC Dominion Securities Inc. All rights reserved.