The You First Blog

“The art of taxation consists in so plucking the goose as to obtain the largest amount of feathers with the least amount of hissing” – Jean-Baptiste Colbert Market Rise Again on Brexit & U.S.-China Trade Optimism Markets rose to five-month highs to close out the Friday session. Renewed optimism on the U.S.-China trade front, combined… Read More

“Success usually comes to those who are too busy to be looking for it” – Henry David Thoreau Bank of Canada Holds Key Rate Steady The Bank of Canada opted not to increase its key rate on Wednesday and cautioned “increased uncertainty” when discussing the timing of future rate increases. While future rate increases are… Read More

“The greatest inspiration is the deadline” – Anonymous   2018 RRSP Deadline Has Arrived, Tax Season Looms Another year, another RRSP deadline. After today, all contributions will count toward your 2019 Tax Returns. Tax season is the next big calendar event on the horizon. The 2018 tax deadline for most Canadians is April 30, 2019…. Read More

“Keep every promise you make, and only make promises you can keep” – Anthony Hitt  2019 B.C. Provincial Budget Announced The B.C. New Democrats released their second provincial budget this week. While the budget mostly stuck to the script, there were a few surprises. Here are some key takeaways: The B.C. Child Opportunity Benefit. A… Read More

“Pause and remember – slow and steady will get you where you want to go. If you put too much pressure on yourself for results too quickly, you will quickly give up” – Jennifer Young  North American Markets Continue to Rebound We are now seven weeks into 2019. Canadian markets, notably the Toronto S&P/TSX Composite, and… Read More

Markets Enjoy Big Rebound in January What a difference a month makes. As we wrote 3 weeks ago, amid negative media sentiment, markets quietly moved upward from Christmas Eve, and finished January in style. The S&P Toronto Stock Exchange closed on Christmas Eve at 13,780.20. At market close yesterday, the TSX sat at 15,540.60, a… Read More