The You First Blog

This is yet another reminder that the interest-free payment deadline for your 2019 individual income tax returns and 2020 March/June/September instalments is Wednesday, September 30, 2020. Penalties and interest will not be charged if returns are filed and payments are made by this date. This includes the late-filing penalty. Source: Canada.ca

“Voters want conflicting things. They want a lot of government spending, but they don’t want higher taxes” – Bruce Rauner   BC Provincial Budget Announced This week, the BC NDP government presented its 2020 Budget. Overall, the Budget calls for surpluses in 2019/20 ($203 Million), 2020/21 ($227 Million), 2021/22 ($179 Million) and 2022/23 ($374 Million)…. Read More

“A successful marriage requires falling in love many times, always with the same person” – Mignon McLaughlin   Wedding Announcement! After a 30-year courting period, we are proud to announce that Odette Morin and Terry Broaders tied the knot in a private ceremony at Stanley Park on Friday, July 26th. Staying true to their financial… 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