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 meet all eligibility criteria and have filed your 2020 tax return, the CRA will automatically apply interest relief on your 2020 taxes owing. You will not have to pay interest on any amount owing from your 2020 taxes until April 30, 2022.  Interest relief only applies to your 2020 taxes owing and not on previous or other debts with the CRA.

For more information, please click here

Amalgamation of FundEX Investments and Investia Financial Services

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. Both FundEX and Investia are proud members of the iA Financial Group (iAFG) family of companies, and the merger reflects iAFG’s ongoing commitment to optimizing the efficiency of its operations and ensuring a superior client experience by positioning Investia as the largest independent mutual fund dealer in Canada.

We would also like to emphasize that the merger has no impact on:

  • Our relationship
  • Your accounts (account numbers may, but are unlikely to change)
  • Your client portal (Wealthview) access
  • The value and holdings of your investment portfolio
  • Your fees paid

What will change is that all official dealer communications, such as account statements, will bear the Investia logo going forward. You can find more information about Investia on their website at Please note that for some months post-transition, you may continue to see the FundEX logo on certain materials that you receive directly from me.

If you have any questions or comments, please do not hesitate to contact our office.