The You First Blog

A popular question from investment media this month is how stock markets can only be down 10% to 15% from their pre-COVID highs amid all this economic damage. On May 10th, the New York times published an article called Repeat After Me: The Markets are not the Economy. On May 22nd, the Globe & Mail… Read More

Non-incorporated, self-employed individuals will soon be able to apply for the Canada Emergency Business Account (CEBA), the federal government announced on Tuesday. CEBA offers interest-free, partially forgivable loans of up to $40,000 for qualifying businesses. Previously, the program was available only to businesses with payrolls between $20,000 and $1.5 million.  CEBA will now be available… Read More

General Update

May 13, 2020
Anthony & Frank's Update
Anthony Sabti

Tax Season The filing deadline is June 1 (June 15 for self-employed individuals). The payment deadline is August 31, 2020. We are working on files in sequence.  Our turnaround time is approximately 3 weeks this year. If you have not done so, kindly submit your documents by the end of the week to ensure your… Read More

Weekly Market Update

April 24, 2020
Anthony & Frank's Update
Anthony Sabti

(Full commentary courtesy of Myles Zyblock, Chief Investment Strategist, Dynamic Funds) VIRUS  The number of worldwide cases is approaching 2.8 million with over 190,000 deaths. Canada’s curve has yet to bend with a cumulative total of 42,000 cases, and a daily count at roughly 2,000 cases per day. This contrasts with much of the rest… Read More

I want to preface this section by saying that we are still operating with a high level of uncertainty and there are a wide range of possible outcomes associated with COVID-19 and our economy. Even if the current lockdown conditions are lifted soon, there will still be a need for social distancing, the wearing of… Read More