The You First Blog

We have had several clients inquire about the best short-term savings options for cash on-hand. There are multiple investment vehicles available, such as basic savings, savings accounts via our advisor channel, and guaranteed investment certificates (GICs). Here are some of the top rates depending on the specific savings vehicle. All rates effective as of the… Read More

Drawing from your portfolios?  Worried about the next pullback?  What can you do to minimize the impact of a correction? Markets have been on an upward trajectory since late-March and most portfolios currently sit flat or slightly positive for the year.  This is quite the turnaround from just a few short months ago. However, headwinds… Read More

There continue to be many important updates regarding financial aid and CRA tax deferrals. Below is a quick summary of the recent news: Tax payment deadline: Two weeks ago, the payment deadline was re-extended by one month from September 1st to September 30th for those who either have a balance owing on their 2019 tax return,… Read More

Last week, we presented our Q2 2020 – Frequently Asked Questions (FAQ) blog post. Today, we would like to present the first half 2020 market update with some charts of interest. 1. 2020 Equity returns year-to-date The first half the year saw a continuation of market increases until late-February, when COVID-related fears took hold of… Read More

CERB The CERB has been extended from 16 weeks to 24 weeks for workers who: stopped working due to COVID-19 or are eligible for Employment Insurance regular or sickness benefits or have exhausted their Employment Insurance regular benefits December 29, 2019 and October 3, 2020 The CERB has been the major cash flow solution offered… Read More