The You First Blog

Please note that this will be our final market update until early-May, when the April 30th tax filing deadline has passed. Myles Zyblock, Chief Investment Strategist at Dynamic Funds, has shared his market update for 2021 year-to-date. Please read on below. A New Sherriff’s in Town A seemingly endless wave of government stimulus and the… Read More

BC homeowners have begun receiving their Speculation & Vacancy Tax notices in the mail. The deadline to make your declaration is March 31st 2021. This is an annual filing requirement that homeowners are by this point well familiar, but for any new homeowners or those who require a refresher, please read on. Once you receive… Read More

On Friday, the Federal Government announced plans to extend the Canada Recovery Benefit and Canada Recovery Caregiving Benefit by an additional 12 weeks. The existing CRB Benefit of $500 per week remains and the maximum claim period will increase from the 26 weeks to 38 weeks. In addition, the federal sickness benefit will expand from… Read More

Equity markets continue rising The Toronto S&P TSX Composite index has had a strong run over the last 2 weeks. It has posted daily gains in nine of the last 10 trading sessions and has risen 6.5% over that time and is up 5.89% year-to-date. The TSX closed Friday at an all-time high of 18,460.21…. Read More

This week saw the Toronto S&P TSX Composite index decline by the most it has in a week since October as investors’ concerns about the vaccine rollout weighed on markets. Markets south of the border saw increased volatility as a battle between Wall Street hedge funds and retail “do it yourself” investors raged. Several trouble… Read More