In late-July, the CRA payment deadline was re-extended by one month from September 1st to September 30th for those who either have a balance owing on their 2019 tax return, or who have to make 2020 instalments. CRA said that it will not charge penalties or interest if payments are made by the extended deadline of September… Read More
(Full commentary courtesy of Myles Zyblock, Chief Investment Strategist, Dynamic Funds) Market Update: Addressing the Volatility This year’s leadership stocks having been aggressively sold over the past couple of days. Communications Services, Consumer Discretionary and, most notably, Technology have been leading the way down. The S&P 500 has been caught in this downdraft given that… Read More
We have had several clients inquire about the best short-term savings options for cash on-hand. There are multiple investment vehicles available, such as basic savings, savings accounts via our advisor channel, and guaranteed investment certificates (GICs). Here are some of the top rates depending on the specific savings vehicle. All rates effective as of the… Read More
Drawing from your portfolios? Worried about the next pullback? What can you do to minimize the impact of a correction? Markets have been on an upward trajectory since late-March and most portfolios currently sit flat or slightly positive for the year. This is quite the turnaround from just a few short months ago. However, headwinds… Read More
There continue to be many important updates regarding financial aid and CRA tax deferrals. Below is a quick summary of the recent news: Tax payment deadline: Two weeks ago, the payment deadline was re-extended by one month from September 1st to September 30th for those who either have a balance owing on their 2019 tax return,… Read More