The CRA will be applying automatic interest relief on 2020 tax return balances until April 30th, 2022 if you meet the following criteria: Your total taxable income was $75,000 or less You received at least one of the pandemic relief benefits (CERB, CESB, CRB, EI, CRCB, CRSB) You filed your 2020 income tax If you… Read More
The CRA will be applying automatic interest relief on 2020 tax return balances until April 30th, 2022 if you meet the following criteria: Your total taxable income was $75,000 or less You received at least one of the pandemic relief benefits (CERB, CESB, CRB, EI, CRCB, CRSB) You filed your 2020 income tax If you… Read More
Effective July 1, 2021, our dealer firm, FundEX Investments Inc., will be merging with its sister company, Investia Financial Services Inc. Some of you may have already received correspondence about this in your latest quarterly statement. We would like to emphasize that this change is not the result of an acquisition by a third-party firm…. Read More
HIGHLIGHTS FROM THE 2021 FEDERAL BUDGET Canada’s Finance Minister, the Honourable Chrystia Freeland, tabled the 2021 Federal Budget on April 19, 2021. The COVID-19 pandemic brought about the deepest and fastest recession, worldwide, since the Great Depression, having an unprecedented impact on the Canadian labour market, with more than 3 million Canadians losing their jobs… Read More
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