The You First Blog

“Summer afternoon, summer afternoon; to me those have always been the two most beautiful words in the English language” – Henry Jam Trade Concerns & More Tariffs Lead Markets Downward As efforts to strike a trade deal continued, markets were less-than-optimistic about a resolution. Monday saw more threats from Washington, as U.S. President Trump threatened… Read More

“Those who say it cannot be done, should not interrupt those doing it” – Chinese Proverb CMHC Updates Canada’s Housing Market Risk Levels The Canada Mortgage and Housing Corporation (CMHC) has lowered the country’s housing market from “highly vulnerable” to “moderately vulnerable” in a statement this week. The Crown Corporation reported on Thursday that an… Read More

“Normally I miss deadlines like a Stormtrooper misses Jedi” – Patrick Rothfuss Tax Filing Deadline Next Week As a final reminder, the tax filing deadline is next Tuesday, April 30th. If you have self-employment income, the deadline is June 15th. Again, regardless of when your deadline is, if you owe money, then the payment deadline… Read More

“I’m spending a year dead for tax reasons” – Douglas Adams TSX Reaches All-Time High The Toronto Stock Exchange’s S&P/TSX Composite Index closed up 68.57 points, or 0.41%, to finish at 16,612.81, passing the previous high of 16,567.40 reached on July 12, 2018. The main index has increased for the fourth straight week. CRA Tax… Read More

“I love deadlines. I love the whooshing noise they make as they go by” – Douglas Adams 2018 Tax Deadline We generally quote a two-week turnaround for completion of tax files. Given the volume of tax files we’ve received to-date, we would like to remind you that it the April 30th deadline is only 18… Read More